Features And Issues Of Equity-Indexed Annuities

The easiest description of an equity-index annuity is a financial product that you shouldn't touch with a 10-foot pole. If you want to learn a little more, this US News article is worth the read. It lists some issues of these annuities such as high commissions for the financial advisers. It also describes the features that should be understood if you're trying to compare these annuities like participation rate and the method of tracking the index.