[quote=Johnny Roast Beef][quote=Spaceman Spiff]

 All those silly things on my desk like the crayon box, or the stack of pencils, are great visual aids. 

   [/quote]   I'll take the Periwinkle C share to fund my Roth Spiff.  What's the expense ratio on the "Burnt Orange" Large cap value?

Sam Houston:

You really needed six consecutive posts to make your point?  ADD.

  In retrospect I could probably trpe one 5,000 work post (so much to work with here)...I'm not sure I have it in me though.  Out of curiosity, what point was I trying to make Sam?

Johnny Roast Beef:

[quote=Sam Houston]You really needed six consecutive posts to make your point?  ADD.

  In retrospect I could probably trpe one 5,000 work post (so much to work with here)...I'm not sure I have it in me though.  Out of curiosity, what point was I trying to make Sam?[/quote]   work = word.  My feeble former Jones mind still can't spell worth sh!t.

Johnny Roast Beef:

[quote=Sam Houston]You really needed six consecutive posts to make your point?  ADD.

  In retrospect I could probably trpe one 5,000 work post (so much to work with here)...I'm not sure I have it in me though.  Out of curiosity, what point was I trying to make Sam?[/quote]   Your guess is as good as mine.

With your client on the line - conference in Prudential and ask them to explain it. ID yourself as a Registered Rep with whatever firm you are with and they will ask the client some identifying info.

Then - dig in as much as you want - they will explain the whole kit - n- caboodle.  Any company will.   Or - Call the wholesaler..

Johnnie -

  1) CAIBX - good investment or not?  I never said I was going to use that fund with this client.  2) Maybe you've told people that buying a bond is free, but I haven't.  However, I have found a lot of bonds that will produce better returns than many EIAs I've seen recently.  3) My bad on the spelling mistake.  I'll make sure I do spell checker next time. 4) Define for me client vs. customer?  Perhaps I'll start using your definition instead of mine. 5) I could have called Pru.  However, I thought that with the wealth of knowledge on this forum, I might be able to get some information from here instead of having to call the client back into the office and call Pru.  Evidently very few people are willing to help.  Maybe because nobody actually uses this rider.  And the AAMS has been on my card for a few years now.  What does that have to do with anything?  Did I miss the chapter on Prudential VA riders?  6) Periwinkle? - that's the color you pulled out of your butt for that post?  That may explain a lot.  7) At what point are you going to answer my question about CAIBX being a good or bad fund?    HAAIC - There aren't many?  Really?  I just quickly used your website and plugged in 10 year periods starting in 1970 and going through 1980.  Just using those time frames 75% of them would have killed EIAs.  The first few years probably would have broken even with them, depending on minimums, type of crediting, caps, etc.  In fact, I also went back and did it a second time, this time starting in 1990.  All of those 10 year time frames except 1999-2009 (Jan - Jan) would have beaten them.  I could go back and do the same thing for all decades and I'd probably find similar results.  And at the end of the 10 year time frames with your EIA clients/customers (we'll have to wait for Johnnie to define them for us) most of them probably have 5-10 years left of surrender period. 

[quote=Spaceman Spiff]I don’t sell Prudential annuities, so I’m not up to speed on their VAs.  I have a client whose new husband rolled over his 401k into a Pru annuity.  He sent me a copy of it this morning and I just don’t get the rider.  The annuity is the Advisor’s Plan III and the benefit is the GRO Plus.  I get that it’s a variable annuity with some sort of guaranteed account value, but I can’t figure out how it works.  Contract value is $24,500 and he has $20,700 that matures 10/2011 and $28,800 that matures 10/2014.  Am I assuming correctly that if he holds it until 2014, they’ll jump the contract value up to the $28K figure? 

  BTW, he's 35 years old.  The guy that sold it to him worked for World Group Securities.  Now the guy is gone.  He probably decided his day job was more palatable than the finance world.   Any insight on how the rider works is appreciated. [/quote]   Is this the Advanced Series Advisor's Plan III?