ROTH Conversions and Fixed Indexed Annuities

I am 65. I plan to execute ROTH conversions over the next 10 years before I hit  RMDs. Obviously, handling the taxes at the conversion is front and center, pay with cash on hand or take out from the conversion. I understand there is an option to ROTH convert into Fixed Indexed Annuities, where the bonus (15-18%) may cover the entire tax burden. The one I have looked at is a 5-year contract, then you can take the money and put it back into the market. I will not need to use the money for the foreseeable future (>20 years). Does anyone have experience with this type of product for ROTH conversions?

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