Many retirees are attracted to Fixed Indexed Annuities (FIAs) because of lifetime income guarantees, bonuses, and principal protection. However, the income value promoted in many sales presentations is often misunderstood and is not the same as the account value. Learn the truth about FIA lifetime income guarantees, renewal rate risks, surrender charges, opportunity costs, and why many contracts reviewed by LIR have produced actual annualized returns of approximately 2.5% or