Thanks. I was unable to find this. Still sounds fishy.I found a 14% rate in https://assets.nfg.com/documents/salesnet/OL5363.pdfHello fellow Bogleheads,
I just had a meeting with a federal benefits person who represents a company that specializes in helping navigate federal retirement benefits (fedplanwerks.com). She was barely half way into gathering my data when she started on an annuity pitch. She is high on an “income annuity” from Nassau Insurance Company that guarantees a 14% ROI.
I am not sure what it means for the buyer.
It mentions Income Strategy: Tomorrow
The Roll-Up Rate for the Income Tomorrow riders is 14% in years 1-10
YOU SHOULD KNOW:
Your Income Benefit Base, Income Benefit Base Bonus, Roll-Up Rate and Annual Benefit Amount Percentages
are used solely to determine rider benefits and DO NOT impact your Accumulation Value.
Ben
Statistics: Posted by cresive — Wed Jul 03, 2024 9:12 am — Replies 44 — Views 2507