Annuities Research Pulse
Nationwide, Annexus and Capital Group Launch “First Ever” Fixed Income Annuity Linked to Mutual Fund
Wealth Defender HQ Bottom Line
The key question is how the annuity uses the mutual fund’s performance to calculate what you earn. The announcement names the fund but does not explain that calculation or any costs or withdrawal limits. Before deciding, ask for those details and check whether the fund link offers a benefit that matters to you.
This takeaway is editorial analysis of the linked source by the Wealth Defender HQ research team. It is not investment, legal, insurance, or tax advice.
What the source reports
Nationwide, Annexus and Capital Group recently launched what they call “the first fixed indexed annuity (FIA) in the industry to include a strategy linked to an actively managed mutual fund.” This new strategy is linked to the American Funds Growth Fund of America Class F-3 mutual fund within the Nationwide New Heights Select suite, according The post Nationwide, Annexus and Capital Group Launch “First Ever” Fixed Income Annuity Linked to Mutual Fund appeared first on Annuity.org .
Original source
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