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Fin Planning Jun 2015 - "How a Fixed Index Annuity Works"

Fin Planning Jun 2015 - "How a Fixed Index Annuity Works"

Fin Planning Jun 2015 - "How a Fixed Index Annuity Works"

Excerpt


How a Fixed Index Annuity Works


 


One of the most popular vehicles to help supplement retirement income today is the annuity. An annuity is an insurance contract that you purchase from an insurance company; it is not an investment. Rather, the premium you pay offers a variety of guaranteed retirement income options depending on the terms of the contract. The guarantees in the contract are not backed by the government or a bank, but rather by the financial strength of the insurer.             



 


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