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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (521156)	1/8/2004 6:51:24 AM
From: AK2004	Respond to of 769670

re: have you ANY IDEA what a rip off 1 1/2% cost is to provide fixed income coverage you might understand it as a rip off but it is not. Annuities can be viewed as triple A rated (often adjustable rate) sinking funds. Yield on annuities are usually considerably higher than on comparable sinking funds. This is due to the fact that insurance companies boost the yields by investing in a variety of different asset types and grades and yet the risks are not past down to the annuity holder. re: have you ANY IDEA what a rip off 1 1/2% I am an investment actuary