Fixed Indexed Annuities: Grow With Guardrails

Fixed indexed annuities can offer tax-deferred growth potential tied to a market index while providing protection against direct market losses, depending on the contract. That protection comes with trade-offs, including caps, participation rates, spreads, surrender periods, limited liquidity, and insurer-specific guarantees. This guide explains the essentials: understand the product, examine every contract detail, and match the commitment to your retirement timeline. Before purchasing, compare illustrations and review the terms with a qualified financial professional. Guarantees depend on the claims-paying ability of the issuing insurer.