Hi,

My wife just had a presentation for the same Allianz Annuity product.
Could someone give some specific recommendations on whether this is a
good product and for whom this might be most applicable.

I'm a newbie and would appreciate your patience.

Regards, Paul

- quote -

Then how does the company make money? How is the agent getting his
commission? Companies don't sell stuff (anything, food or gas for your car
or life insurance) without charging you more than it costs them.

Elizabeth Richardson

Thanks for the imput.

I understand the return to be associated with the total return of the
SP500

3.3 monthly cap, a person could get screwed if the market made all
it's gains in one month of the year. Has the market ever made it's
gains all in one or two months?

According to the rep. there are NO fees.

First place you need to go is Jack Marrion's FREE site:

www.indexannuity.org

Jack is the nations leading expert on these products. There is a LOT of
information on his site that helps put these products in the proper
perspective, including the newer versions with monthly caps (eventually,
we'll have daily).

A well designed index annuity is probably going to outperform a pure fixed
product by 100-200 basis points, on average, over the long term, but they
are not a proxy for the stock market, nor are they a true market investment.
They credit interest that is LINKED to an index.

Second, ask your advisor is he is familiar with Jack Marrion. If he isn't,
then he's not exactly keeping up. Jack offers a free ezine that any agent
selling these products should get.

Third, if your agent doesn't use MCS, or Monte Carlo Simulation, or other
stochastic analysis, to perform due diligence on his offerings, seek another
agent.

Brent D. Gardner, ChFC
Chartered Financial Consultant
http://members.cox.net/brentdgardner1378/

"Be ever questioning. Ignorance is not bliss. It is oblivion. You don't go
to heaven if you die dumb. Become better informed. Learn from other's
mistakes. You could not live long enough to make them all yourself." - Hyman
George Rickover (1900-86), Admiral, US Navy, advocated development of
nuclear subs & ships

The Chartered Life Underwriter (CLU) and Chartered Financial Consultant
(ChFC), designations owned and exclusively offered by The American College,
signify the highest standards of academic study and professional excellence
in the financial services industry.

"Rich Carreiro" <rlcarr[at]animato.arlington.ma.us> wrote in message
news:uwu0c75vw.fsf[at]animato.arlington.ma.us...
- quote -


You have also failed to mention SURRENDER CHARGES.
Do you KNOW what they are.
to reiterate: there are no philanthropists in the Life
Industry.

Also, why are you looking at an Annuity? Do you FULLY
understand what an Annuity is & does?

Cal Lester CLU

sockeye007[at]yahoo.com (sockeye007) writes:

- quote -

Is that the monthly return of the price-only SP500, or the
monthly return of the total-return SP500? In today's market,
especially with the new favorable tax treatment of dividends,
the dividend yield component of total return may well make
a comeback. A return based on the price-only SP500 will
forfeit that.

- quote -

There's a big difference between an annual cap of 39.6% and
a monthly cap of 3.3%. To take an extreme example -- in January
the SP500 goes up 39.6%, then is flat for the remainder of
the year. What's your return for the year? 3.3% or 39.6%?

- quote -

There are going to be some fees somewhere (like the M&I expense).
What are they?

--
Rich Carreiro rlcarr[at]animato.arlington.ma.us

I'm a newbie to this form so please don't beat me up to bad.

My wife and I are looking at the Allianz Life Insurance annuity called
MasterDex 10. What interests us about this annuity is:

1) they add 10% to all your deposits for the first five years.
(in effect an immediate guaranteed 10% return on investment)

2) your annuity return is calculated on the s&p 500 monthly return
with a
cap on return of 3.3% a month or 39.6% a year.(that is, the s&P
would
have to rise 3.3% per month for a year to achieve 39.6%)

3) should the s&p drop, the investment does not, it never goes
down in
value.

4) there are no sales commissions, loads or fees associated with
the
year to year management of the annuity.(there are the standard
penalties for early withdrawal and such)

Any thoughts on this would be appreciated.

Thanks

fyi:MY email address listed is never checked so please respond here in
this group