Re: Annuities...are they a crap shoot?

"kastnna" <kastnna@[EMAIL PROTECTED]
> wrote
> Annuities, particularly variable, earn their worth through 
> the
> secondary guarantees they offer.
snip for brevity but all comments read
> Why? Because even though the VA has higher annual fees, it 
> also
> guarantees that your account will go up by no less than 6% 
> every year.
> When the S&P earns 12%, the VA is only going to make 9%. 
> But when the
> S&P falls 26% (like it would have in 1974) the annuity's 
> secondary
> guarantee credits 6%. That's how resoundingly im****tant 
> the secondary
> guarantees are.

Could you please give a link to an annuity company that has 
such a guarantee?

Can you say what happens, generally speaking, to the annuity 
when the client dies? 

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