Abstract
Equity indexed annuities are currently well positioned to provide the same potential to meet or exceed today's safe-money savings alternatives. The EIA products are not meant to replace or compete with equity mutual funds or variable annuities. Rather, they are an alternative to the safe money savings products such as CDs, money market accounts, passbook savings accounts and US Treasuries. One reason the enthusiasm for EIAs seems to have quieted is because of the lower participation rates.