Fixed indexed annuities are investment opportunities that offer a guaranteed stream of monthly income. Not to be confused with “indexed annuities”, which require stock broker licensure, fixed indexed annuities are available to everyone. Unlike stock market investments, annuities won’t fluctuate in a down market. Regardless of whether or not the market takes a dip, you’re still guaranteed a check every single month!

Annuities are perfect for retirees who are worried about outliving their savings. Annuities are designed to be a reliable, long-term source of steady cash flow. Think of it as a second source of income every month — but you won’t have to lift a finger to receive it!

There are several different types of annuity plans out there, all with their own unique benefits. But one of the more popular annuity plans is the fixed indexed annuity plan. Fixed indexed annuities are tax-deferred, long-term savings options. They provide monetary protection in a down market and exceptional opportunity for financial growth. Your returns are based on the performance of an underlying index, and while this index does follow the market, your money is never directly exposed to the stock market.

The primary benefits of fixed indeed annuities include:

Tax-Deferred Status – Thanks to their tax-deferred status, fixed indexed annuities allow you to fully benefit from compounded financial growth.

Financial Protection – Fixed indexed annuities allow you to both benefit from and protect your investment. The original deposit will not decline even if the index performs negatively.

Lifetime Income – Fixed indexed annuity plans guarantee you set payments every single month, regardless of how you or your spouse live.

Credited Earnings – Your earnings are credited at the end of each term.

Beneficiary Protection – You can choose to pass on your assets to your beneficiaries and avoid costly probates.