Allianz ins. co. of no.america offers indexed annunities. what is the fee structure for these?
Answer:
If you mean fee's in the traditional since, such as out of pocket fees like you would see in a variable annuity or mutual fund, there are none. Cap's, averaging, and participation is a different story. I'd stay away from the Allianz EIA products. There are much better Index annuities available.
There are no out of pocket fees in Index Annuities, no annual contract fees, No fees Like in Variable Annuities.
There are Better Index Annuities on the market, more liquid Index Annuities, better crediting methods.
Start by reviewing the following and then complete a Quote/Information request on that site:
The Best SAFE MONEY products are the following:
1. Fixed Index Annuities ------Where your account value does NOT Decline in Value. -----Where the Credited Interest to your account does NOT Decline in Value. -------Where the interest you earn each year is based ONLY on the Upside of a Stock Index (You would accept a Cap on the Upside of say 8% in exchange for not having your account decline in value, wouldn't you?? I know I would!!) The Cap varies by company & annuity and is usually guaranteed for 1 year. Other crediting methods are also available. To Learn more Visit: http://www.jdsannuities.com/index_annuit.
By the way, the way the insurance company is able to vary the interest you earn which is based on a stock index is by the use of a derivative for the interest part only.
2. Fixed Deferred Annuities - Where you have a wide selections of multi-year guaranteed rates or for 1 year, 3 years or 5 years. most are 5 to 10 year products. To Learn more and see most of the rates for yourself visit: http://www.jdsannuities.com/annuity_rate.
To view the overall website for Annuities visit: http://www.jdsannuities.com
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