In this video, Shawn Plummer from The Annuity Expert goes on a candid rant about one of the most frustrating practices in the annuity industry: renewal rate drops! When you buy a standard Fixed Index Annuity (FIA), your growth is determined by a "cap rate" or "participation rate." Historically, insurance companies reserve the right to lower these rates every year. Shawn even shares his own personal nightmare of watching his American Equity annuity's participation rate plummet from 55% down to 25%!

But the industry is evolving! Shawn reveals the ultimate solution: The Rate Lock Annuity. With these new contracts, your cap or participation rate is contractually guaranteed for the entire 10-year term—they legally cannot reduce it!

To make sure you don't get scammed, Shawn shares his 3 Golden Rules for Buying an FIA:

1️⃣ Demand an ab ...