November 9, 2011

To:Marla Brill and Editors, Reuters

Re:Your article, “Beware the pitch for indexed annuities”

Dear Ms. Brill,

We are writing to provide more information about fixed indexed annuities and why millions of American’s choose them over your recommended “diversified portfolio tilted to bonds.” The single most relied on benefit of the fixed indexed annuity is the SAFETY GUARANTEE – the promise that you will never lose money because of stock or bond market volatility. For that contractual, insurance guarantee, annuity owners commit to their side of the contract by agreeing to the surrender terms and in doing so understand that their modest, steady and compounded interest earnings already reflect the cost of the guarantees and of marketing the product (e.g., commissions).

Read Full Response Here.