A Fixed Index Annuity is a tax-favored accumulation product issued by an insurance company. It shares features with fixed deferred interest rate.
With Fixed Indexed Annuities, premiums are tied to an index and credited in a similar fashion to IULs.
As with IULs, Fixed Indexed Annuities offer principal protection and a death benefit, with the possibility for gains contingent upon market performance.
A type of tax-deferred insurance product.
Can be structured to provide income for life, acting as another resource for retirement income.
Provides protection from market decline with a guaranteed floor.
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