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fixed annuity

Variable Annuity plan – Is there a catch?

By Byron Udell | June 21, 2006

Variable Annuity Twice in the last 6 months, I’ve been asked to evaluate and comment on a variable annuity currently being offered by AXA Equitable.  The story many consumers are hearing from their sales force is that, regardless whether or not the underlying funds perform well, your “guaranteed” a minimum return of 6% per year….

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