Gold Tax Deferred Variable Annuity
- Thread starter Panvenoit
- Start date
- 1,641
I only know of an FIA that has gold as one of the options. Saw it a couple of weeks ago and now I forget who offers it.
Ichiban
Expert
- 62
It is Investors Insurance Corp (Legacy) that offers it. It is called the "PremierMark SE" and is a Point to Point strategy with a Cap that is linked to Gold commodities. That is the only one I am aware of at least.
- 313
That sounds right - there are not too many gold indexed fia's and there may be less in the future.
- 429
Just the one he mentioned that I know of. The problem with gold it is very volatile. You will really be betting on a total meltdown of the U.S. economy and hyperinflation. It might be okay as part of their portfolio.
- 149
This looks like a nice product. They also offer a 10% bonus, I just wish Legacy's Fin. Ratings were a little better.
Ichiban
Expert
- 62
Yes, I think they are A-.These days it seems like everyone is dropping to the low A range or worse. Most of the one's rated highly aren't taking premium or they are AIG ha ha ha. I still have a gard time expalining why AIG is rated so highly to people. Kind of a mess out here these days. (- - )
- 1,641
They're backed by the full faith and credit of the US government.
- 1,802
You are so correct. The last time I checked the gov't can increase their revenues by a matter of law.
For inquiring minds we call them TAXES.
