Subject: Re: Re: Re: Re: Re: Re: Re: variable annuities

Comments:
: TODD, YOU MADE THIS STATEMENT: : : "Jaxxx, I know you used the term "systematic withdrawls," but all you're by only withdrawing your investment (in other words, leaving the gain inside the VA) is creating a tax time-bomb that has to catch up to you later on"....TODD : THAT IS A FALSE STATEMENT. : I hope that you don't have a license to sell variable products since you don't know the basics about them. : First, in any annuity, the money withdrawn is GAIN FIRST, PRINCIPAL LAST. FILO! : Second, I did mean systematic withdrawal. You really don't understand that either. When you make a systematic withdrawl, the amount you take out is fixed. ie $500 per month, $1,000 per month, so if your account balance decreases, it does not impact your monthly withdrawal. : Third, look up the returns on bond funds over the last 3 years. : I am not just trying to be hard on you, it is just that you must be so new, green, or something, because you understand so little about this business. That is OK, until you start posting inaccurate information. : BTW: : IF YOU HAVE TAKEN THE GAIN, THAT LEAVES PRINCIPAL. SO WHERE IS THE TAX TIME BOMB???? : IN YOUR FIRST POST, YOU STATED THAT AN 80 YR. OLD SHOULD NEVER HAVE A VA, NOW YOU ARE SAYING THAT YOU DON'T HAVE ALL THE FACTS, SO YOU DON'T KNOW WHICH WAY IS BEST. : The guaranteed death beneit is not a feature of a fixed annuity. How can you lose money in a fixed annuity? : It is a great selling point in a VA! :

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