Re: Valuing a deferred fixed index annuity

On 07/11/24 6:40 AM, Peter Goergen wrote:
> I am 69 years old, retired for the past year, and one of my IRAs is a 
> Corebridge Financial Power Index 5 single premium deferred fixed index 
> annuity, linked to the S&P 500, MSCI EAFE, and the Russell 500, with an 
> annual 9.5% cap. This 5-year contract just passed its 1-year anniversary.
> 
> I’ve been valuing the account for the past year by applying the daily 
> price history downloaded by Quicken for the S&P 500 and Russell indices. 
> MSCI EAFE doesn’t appear to be downloadable, so I periodically go to the 
> Corebridge website for price updates.
> 
> Since the past year has been a good one for equities, the 9.5% cap was 
> applied to the account, so I’ve been over-valuing it.
> 
> I’d like to adjust the account to better show the value throughout the 
> past year. My initial idea is to delete all the daily prices and 
> substitute (maybe monthly) prices that are 9.5% higher each month.

If you were getting your incorrect prices downloaded from your financial 
institution, you might be able to take advantage of a new Quicken feature.

See:  https://tinyurl.com/2byep7ek