Tuesday, December 18, 2007

Index Annuities credit interest based on a formula.

Indexed Annuities credit interest using a formula based on changes
in the index to which the annuity is linked. The formula
decides how the additional interest, if any, is calculated and
credited. How much additional interest you get and when
you get it depends on the features of your particular annuity.

www.AnnuityDefinition.com