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Episode 43: Introduction to Annuities (Part 3)

Oct 28, 2021

What is the difference in a Fixed Annuity and a Fixed Indexed Annuity?

Here are just a handful of the things that we'll discuss:

  • A Fixed Annuity is in some ways similar to a CD in that it has a guaranteed interest rate for a specific length of time and are less risky than Fixed Indexed Annuities but generally have lower returns. It is NOT FDIC insured.
  • A Fixed Indexed Annuity offers a guarantee against losing assets in down markets, but potential grown in good market years tied to various market indices. They involve more risk than a Fixed Annuity, but over a period of time, usually provide more in return.

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