Subject: File No. S7-14-08
From: Kimmara L Acosta

September 2, 2008

Fixed Indexed Annuities (FIAs) are excellent products that give consumer guarantees,flexibility, tax-deferral and many other advantages. Life insurance agents need to be able to offer their clients more than just life insurance. I build my business on being able to offer my clients trusted products to help them plan for their future, including annuitys that offer them long-term or short term growth (cash accumulation)for retirement. FIA's are not a direct investment into the stock market. They mirror the markets adjustments. Or choose the fixed account. A life insurance agent needs to be completly equipped with insurance products that can be offered to the client that will best suit their needs and that includes Fixed indexed annuities, especially for someone that does not want to or does not know how to call upon a stock broker to purchase an annuity. This just dosen't make any sense to me. Keep it the way it's been.