Best Fixed Indexed Annuity
Looking for the principal protection found in fixed income options, while still maintaining the potential for additional interest credit, you may benefit from a fixed index annuity. A fixed index annuity, commonly referred to as an FIA, works in any type of market. Whether up, down, or flat, an FIA provides the protection of principal found with a traditional fixed annuity along with the potential for additional interest credit linked, in part, to the performance of a market index. Fixed Indexed Annuity are popular and getting more popular for a reason.
Guide to the best fixed index annuity
If you are looking to save money for after retirement, fixed index annuity is the answer. It is rather a conservative way of investment, but it keeps your safe from market volatility and takes the risk-off your table. Like any other annuity, index annuity is a contract between the user and the insurance company, where the user is guaranteed a sort of payment after retirement. It can be called as a hybrid between variable annuity and fixed annuity.
Reasons to consider Fixed Index Annuity
A fixed index annuity is a good way to earn indexed interest without risking losing your money to the changes in the market. Some of the reasons why people consider an index annuity is:
- Your money is not buying any shares, so it is not at risk.
- Money that is earned by the fixed annuity is tax-deferred.
- Thanks to fixed index annuity, your next of kin are paid a certain amount after your death.
- Fixed annuity ensures a reliable stream of income after retirement.
- It provides a way to earn an external index.
- It has a number of flexible options when it comes to receiving income.
- A fixed annuity has higher interest rates as compared to others.
- Even if you decide to retire early, you don’t get any penalty.
Fixed index annuity buying guide
Fixed index annuities can be pretty difficult and daunting to understand especially for a layman. It is something you will get a hang of with time and experience, hence the first thing you need to do, before buying index annuity, is get yourself a financial advisor. However, despite having an advisor, some of the most common terms associated with index annuity that you should know are:
These are a way to ensure that you are protected against loses. It is an upper limit that is put on the return for a certain period of time. Hence if the returned index is 5 percent but your index annuity has a 3 percent cap you will only receive 3 percent.
The participation rate decides the value of index increase the user receives. If you buy an annuity with higher participation rate, you will get a higher index performance. This is basically the percentage of index rate that the insurance company credits to the annuity.
These three are one and the same thing. They refer to the fee that is subtracted from the gain in the index annuity. If a total of 15 percent index is gained and the asset fee is 5 percent, then the gain credited to the annuity will be 10 percent.
You need to be beware of surrender chargers. Usually, users don’t notice these small details and are caught up in a whirlpool. The insurance companies specify a certain period of time and if the user withdraws the amount before the ending of that time period, he/she loses the value and return that is promised on the investment. Different companies provide different contract lengths. Sometimes there are hidden surrender charges that make you lose value for the investment even after the time period is over, hence, go through contract thoroughly with your financial advisor.
Do you want what Ben Bernanke has his money in? Would you agree he knows a “little” about where to put money? Remember him? The head of the Federal Reserve. How about Babe Ruth, he had these too!
We are here to help you , We can eliminate Stock Market Losses and create tax free returns and income for you. You can make money, earn stock market returns and have them free from current income taxes, all without risking a single dollar of principal. We teach you what the wealthy are doing to legally avoid current taxes while keeping their savings from risk and getting great returns.
You might say well what about just putting my money in a mutual fund? I do not mind paying all those taxes. Well let us take a look at that. This might shock you.
WALL STREET’S DIRTY LITTLE SECRET
Year Money %Up, %Down Cash Value
1 $10,000 → 100% → $20,000
2 $20,000 →LOSE (50%) = $10,000
3 $10,000 GAIN 100% =$20,000
4 $20,000 LOSE (50%) = $10,000 ↓ ↓
THEY TELL YOU 25% AVG RETURN But… (0) Gain On Your Money !!!
What you are seeing is not an illusion it is the AVERAGE Return vs. ACTUAL Return comparison. The ”return” you are told and what you think is one thing, and what you see in your account, the “real” return is another thing. The REAL return is what is important to you, it is in dollars and cents.
SO Yes, that is right, ZERO is the real return! Yet, these financial companies can advertise a 25% average return. You make up your mind on how you feel about this system, we have, and feel it is stacked against the majority, because the majority do not know this.
The GOOD news is, you are here, and we can change that. So get started, a Indexed Annuity is used by many for a reason.
Solutions/Results If Qualify:
- Increase value of money sitting in a CD or savings account for the kids or grandkids.
- Increase value and get a tax-efficient way to leave Annuity money behind.
- Increase value of Old Universal Life that is losing value and have no future payments.
- Increase value of savings account with a set amount of cash to pay for their funeral and other final expenses
- In addition to the immediate increase in your estate you will also get the security of living benefits
- You get to put money in and draw money out without having to pay immediate taxes on it.
If you do not want to deal with the fluctuating market and big potential losses on a downturn and you want a secure income stream that will not have that level of risk, the fixed annuity is a great option
You deserve a free consultation, contact us talk to an experienced rep, we make it easy, we keep it simple no complicated products and we care. Inquire Today