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Is a Fixed Index Annuity Right for you?

Is a Fixed Index Annuity Right for you?

Only you know your goals for retirement, so only you can determine your needs. A fixed index annuity isn’t the right solution for everyone, and you shouldn’t buy one unless it’s appropriate for your situation. You may want to consider a fixed index annuity if the following benefits are important to …

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Protection Benefits

Protection Benefits

A third important advantage of a fixed index annuity is the range of guarantees and optional protection benefits available. These benefits allow you to transfer risk to the insurance company issuing the fixed index annuity. These guarantees help protect your assets, your retirement income, and your …

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Indexed Interest Potential

Indexed Interest Potential

Another advantage of a fixed index annuity is the opportunity to accumulate interest based on changes in an external index. Some FIAs offer you a choice of indexes rather than just one. In addition to choosing your indexes, you can also determine what portion of your annuity’s value will be based…

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Tax Deferral

Tax Deferral

During the accumulation phase of your contract, any interest growth is tax-deferred. If you purchase your fixed index annuity with after-tax dollars, you will only pay ordinary income taxes on your earnings – not on your premium payments – when you begin withdrawing money. Tax-deferred growth, co…

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Understand the Benefits

Understand the Benefits

A fixed index annuity (FIA) offers a unique combination of benefits that can help you achieve your long-term goals. No other product offers the tax deferral, indexed interest potential, and optional benefits to protect your retirement assets and income. Let’s take a closer look at the three key …

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Who’s who in a Fixed Index Annuity

Who’s who in a Fixed Index Annuity

Insurance Company: This is the company that issues the annuity. The insurance company is responsible for backing the annuity’s guarantees. Contract Owner/Annuitant: These usually are the same person, but they can be different. The owner makes decisions about the annuity, such as who the benefici …

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Understand the Basics

Understand the Basics

A fixed index annuity is a contract between you and an insurance company that may help you reach your long-term financial goals. In exchange for your premium payment, the insurance company provides you income, either starting immediately or at some time in the future....

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Educate Yourself

Educate Yourself

The financial markets often present challenging times to those trying to plan for their future. Uncertainties can make it difficult to feel good about retirement strategies. Limited availability of traditional retirement income sources, such as defined benefit pension...

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