Buy Assets that Produce Income…With No Market Risk
Imagine being able to invest in something that gives you guaranteed principal and low risk. With a Fixed Index Annuity (FIA) you get exactly that. That’s why an FIA is a great investment tool to help you reach your retirement goals. Unlike most securities or mutual funds where your account balance can fluctuate due to market performance, premiums deposited into a FIA (also referred to as an Equity Indexed Annuity) are guaranteed to never go down due to market downturns.
The value of a FIA grows on a tax deferred basis until it’s withdrawn. Therefore, your money can grow faster because you earn interest on dollars that would otherwise be paid as taxes. Your principal earns interest and the interest compounds, allowing you to accumulate more money over a shorter period of time, thereby earning a greater return.
Additionally, FIAs can provide you with the liquidity you’ll need in retirement. In fact, most FIAs allow funds to be withdrawn by way of a free 10% withdrawal feature annually. In short, FIAs will help ensure that you don’t outlive your money. And that’s a good thing!