American Equity Investment Life Insurance Company
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Awful company with nepharious…
Awful company with nepharious intentions in their business. 10% cascading fees are 2x that due to hidden language. Good job lawyers. Good job company. 100% don't recommend. They prey on baby boomers and sculpt their seemingly desirable offering through empathy and compassion. Their returns are 0%-3% with an average 1% annually. If you invest your money you can't remove it without paying 2xannual termination rate% (10%×2=20% in year 1) and over a 10 year time frame you won't make more than 22% average total. Stay away like the plague. Invest through Charles s w a b bond s instead if you want better returns.