The Dangers Of Indexed Annuities by Stephen Aust This brief blog is a second BONUS July blog. Lucky you. It will not cover any market information. I will summarize the negative points of locking one’s money into an indexed annuity. Annuities are issued by insurance companies. Insurance companies are “for profit” institutions; they are not your “friend.” They will not produce an investment product that does not ultimately benefit the insurance company. There is nothing wrong with this, it is just a fact. Indexed annuities generate a guaranteed level of income for the person that buys the annuity and the…
The Dangers Of Indexed Annuities
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