BPA?

Arno

Expert
Anyone selling BPA from annexus? It is the first annuity I have had any exposure to and was interested in what others thought about it?
 
Anyone selling BPA from annexus? It is the first annuity I have had any exposure to and was interested in what others thought about it?

When I was first introduced to this annuity I just couldn't see the benefit. It looked like an IA with a 50% fixed account and a 50% S&P 500 crediting method. And it is to some extent. I think it will likely perform much like any IA with a point to point strategy (meaning somwhere in the 5%-7% range over the long haul). I do like the Family Endowment Rider and the early access to the money. I still like the ING Secure Index 7 from a simplicity standpoint. But I think the BPA is the next generation of IA's.
 
I'm talking to M&O mktg about BPA. Prob will sign up with them. I'm still waiting to get the particulars, but the buzz is that's the one to include in your bag.
 
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