How is interest credited in a Fixed Annuity or a Fixed Indexed Annuity?
A "picture" is worth a thousand words!
I found the graphic below somewhere on the Internet.
http://wsm.ezsitedesigner.com/share/...uityMethod.gif
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How is interest credited in a Fixed Annuity or a Fixed Indexed Annuity?
A "picture" is worth a thousand words!
I found the graphic below somewhere on the Internet.
http://wsm.ezsitedesigner.com/share/...uityMethod.gif
nice chart, tyvm!:D
Your welcome!
Ya know luv2, many people think life insurance and annuity companies are making inordinate amounts of money, don't get me wrong, THEY DO, but it's a very small percentage on billions of dollars. $$$,$$$,$$$,$$$
2% on average of $712,000,000,000 dollars is a lot of money.
Much like if I could just convince each and every man, woman and child in the U.S.A. to just give me $1.00 dollar I'd have $300,000,000 dollars.
BTW, great avatar!
I need to change mine because I do more http://scrapgirls.com.ipbhost.com/st...n-soap-box.gif box rants than anything else on the Internet. :eek: