Menu
Write a review
File a complaint
Fidelity & Guaranty Life

Fidelity & Guaranty Life review: Retirement pro annuity

K
Author of the review
10:54 am EST
Verified customer This complaint was posted by a verified customer. Learn more
Featured review
This review was chosen algorithmically as the most valued customer feedback.

Worst contract EVER! Illustrations claim you will receive an interest rate based on an index (S&P 500, for example), up to a maximum. HOWEVER... you don't really have interest credited to your account every year. You only get the interest if you take withdrawals based on your life expectancy (similar to annuitizing). So my money has been earning 1.5% interest since 2018, whereas the index crediting rate is much higher. For 2024, the interest I should have earned was 19.84%. To get the higher crediting amount, I would receive $2820 per YEAR .

Claimed loss: $31,420

Desired outcome: I would like a full refund to include all of the indexed interest earned but not credited to my account value.

Confidential Information Hidden: This section contains confidential information visible to verified Fidelity & Guaranty Life representatives only. If you are affiliated with Fidelity & Guaranty Life, please claim your business to access these details.

0 comments
Add a comment

More Fidelity & Guaranty Life reviews & complaints

Fidelity & Guaranty Life - In July of 2021, I received life insurance reinstatement forms from F&G
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Fidelity & Guaranty Life - My aunt passed back in December and left me a life insurance policy with Fidelity
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Replied
The company left an official comment to this complaint.
Fidelity & Guaranty Life - Seeking assistance for a frustrating experience with F&G employees
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Replied
The company left an official comment to this complaint.
Fidelity & Guaranty Life - We tried to surrender an annuity and get our money back
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Fidelity & Guaranty Life - Annuity # L9342856 transfer issues since November 2021 with Fidelity case follow-up
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Replied
The company left an official comment to this complaint.
Fidelity & Guaranty Life - Nothing but run around
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Replied
The company left an official comment to this complaint.
Fidelity & Guaranty Life - Zero points is not low enough
Resolved
The complaint has been investigated and resolved to the customer’s satisfaction.
Replied
The company left an official comment to this complaint.
View all Fidelity & Guaranty Life reviews and complaints