Historical Development - Indexed Annuities 20 Years Ago

Indexed Annuities 20 Years Ago

What is also very interesting is that we had 2 annuities that followed an index or yardstick in 1983. One annuity, issued by National Home, followed the Solomon Brothers Bond Utility Index. The other annuity, issued by Alexander Hamilton, would credit interest based on the 30-day Treasury Bill or the 30-year Treasury Bond, whichever was greater.