An equity indexed annuity is a fixed annuity product offered by an insurance company. It is a unique product for those individuals who want reliability without the risk of loss from the market as in a variable product. You place a sum of money or periodic payments into a product that the company utilizes a market in order to factor what interest you will make. You will not lose your principle or accrued interest due to market loss because your money is never in the market or index.
This would be called an indexed annuity or an equity indexed annuity both meaning the same thing.
This would be called an indexed annuity or an equity indexed annuity both meaning the same thing.
Indexed annuity
Indexed annuity
Call and ask them. Most likely an equity indexed annuity as they are and have been big on that. If so and you are a senior, be careful with what you do. You need a close and careful review. I can help you. 4LifeGuild
No, unless it states it is an indexed annuity. If it just states that it is a fixed deferred annuity, then No. Deferred means that no taxes are paid until funds are removed, however by the nature of the Roth IRA interest is not taxable under the provisions of a Roth IRA with the IRC code.
The best annuity to do this right now is a Fixed Indexed Annuity with a Lifetime Income rider.
indexed! :)
indexed! :)
There are three types annuities including fixed, indexed, and variable.
One can get a quote for equity indexed universal life insurance from many places. These places include an Insurance agency, but one can also find it from those quote websites.
It differs from other annuities in the fact that it follows a market index. Usually the S&P 500. The amount of interest you earn is not fixed, but can vary depending on market conditions. You can enjoy gains from the stock market, but take minimal losses.