Chris235
New Member
I meant to write, "allows their money to continue to grow tax" DEFERRED, not tax free.
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Hey, the top seller (Allianz) of EIAs is embroiled in a class-action lawsuit for marketing tactics and for selling to seniors that likely will not live until the end of their annuity's surrender period. EIAs are a controversial product in the life insurance business, right now. Right product for the right person, but watch your step and disclose, disclose, disclose.
http://www.annuityiq.com/blog/main/allianz-lawsuit-goes-to-class-action/
http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20070507/FREE/70507008/1009/TOC
I'm new to this forum and I don't have my securities licenses. Why aren't people with security licenses allowed to give their general impression of different investments? I understand that each person is different, but what harm is there in generalized information with the understanding that it is an opinion and not specific to any one person?