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Is an EIA a good way to fund your retirement?

asked by PatPress (17)

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Tags:  money  retirement

answers

An Equity Indexed Annuity, is an annuity that is valued by a formula which is tied to a stock index. This product, should outperform simple interest rates, as long as no withdrwals are made during the surrender period or before age 59 1/2. EIA's are relatively safe for retirement planning.

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posted by Jon65 (407)
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