Subject: indexed annuities S7-14-08

December 1, 2008

I just received notice that you are reviewing indexed annuities to have SEC oversight. That is an excellent idea. They are tied to the market and unlicensed securities people are selling them. It is a travesty for older people because they do not understand the expenses of the program and the long backend fees often involved. In this market environment individuals need protection.

May you have a GREAT day!

Mary Beth Mitchelmore, CFP®