Comment on Fixed-indexed annuities promise a lot, but return on investment can be far lower than advertised

Fixed-indexed annuities promise a lot, but return on investment can be far lower than advertised

With ads promising secure, double-digit returns, fixed-indexed annuities is popular with retirees. Some companies tout returns of up to 50 percent over five years but some retirees say they saw far less than advertised.        

 

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