Equity Indexed Annuity is a Fixed Annuity Now Known as an Index Annuity

by Jeff McLeod

Annuity Investment for Re

Annuity is an insurance product that can guarantee to receive amount of money regularly as result

An equity index annuity is a fixed annuity.

The reason equity indexed annuities are obsolete is that the fixed annuity means your premium earns a minimum guaranteed interest rate. In other words you

Annuity Payments

Annuities are a series of payments made by an institution like an insurance company to the annuit

have two interest rates, a guaranteed rate and a current rate determined by an external index. The word equity has been dropped from the description of a fixed indexed annuity as to eliminate the confusion of insurance terms among consumers and agents.

A fixed index annuity is not an equity, therefore that term has been eliminated. Indexed annuities are the new and improved terminology. The word annuity is Latin for income. Annuities existed long before there was a tax code. The word deferred

Annuity Brokers

Potential annuity holders need to shop around for insurance companies to know the rates of return

meant income later and still does today.

You can buy a fixed index annuity and wait 12 months to determine if any interest has

Sell Annuity Payment

An annuity is an asset that offers a definite cycle of payments in the future in exchange for an

been credited and then withdraw the previous years interest over the second year all at once, semi-annually, monthly even direct deposit to your bank account.

This is how to use a fixed index annuity with a current rate based on an index strategy you chose, to pay you a current income, in other words you can defer your income or interest

Annuity Rates

Annuities are the series of payments made by an institution like an insurance company to the annu

payment for twelve months.

The safety and security of fixed indexed annuities that provide current income is a popular choice for an IRA, 4O1k, and 4O3b rollover at retirement

You can freely reprint this article as long as the author, bio, and live links are left intact.

Jeff McLeod is a fixed index-linked retirement income annuity specialist. To get a copy of the Buyer's Guide visit http://www.HappyRetiree.com