Fixed Index Annuities: Then & Now
Fixed Index Annuities have only existed a couple of decades. (See here for our fixed index annuity introduction.) We used to love them because they offered a large amount of the index gains with no chance for losses. You would often be offered Annual Point to Point Caps in the 10 to 12% range, so […]
What is an Annuity?
An annuity is basically a savings or investment vehicle offered by an insurance company. It should not be considered an investment technically, because it is not. And it should not be considered a bank savings account, because it is not. But different types of annuities have features that might be very similar to these other […]