How good is the ING equity indexed annuity?
On One Hand: Guaranteed InvestmentsAn ING equity indexed annuity is still a stable investment. At a minimum there is a guarantee of 1.5 percent annual return on investment regardless of how the indexes move. This stability is one of the main selling points to an ING equity indexed annuity. Another advantage is that the surrender period to tie the money up is only 5 years, whereas many other equity index annuities can tie money up for as long as 16 years.On the Other: Low ReturnsOne of the notorious knocks on the ING equity indexed annuity is that the returns are on the low side. Many investment experts and economists don’t like equity indexed annuities to begin with because the money is tied up for so long, and because of a low percentage of annual return. ING’s 1.5 percent is one of the lowest guaranteed annual returns among equity indexed annuities.Bottom LineIf you are looking for a completely safe return on investment without having to keep your money tied up in the long term, then
