Posted by Nina on March 01, 2005 at 15:34:22:
In Reply to: Re: Variable Annuity - Is That MLM Primeamerica Still Around? posted by J. Robinson on January 27, 2005 at 07:27:35:
We were contacted by an agent. A person we know for several years approached us and asked if we would like to open a savinga account for our kids college. That was the reason for the meeting. I wanted to look at our options with 529 plan. Instead we were asked to do a FNA( Financial needs analysis) which took over 2 hours. Flags came up and my hiusband asked him diredtly if this was pyramid? It was and he admitted it. He tried to compare the company Century 21 as being a pyramid but it wa a poor analogy. I was more upset of how they got into my house with the pretex of discussiing out children's future.
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