Here are the 3 key benefits of a Fixed Indexed Income Annuity (FIIA):
Guaranteed Lifetime Income
1. A Fixed Indexed Income Annuity provides a steady stream of income you cannot outlive, offering peace of mind during retirement.
2. You can structure income to start immediately or defer it to a future date to allow growth and potentially increase payouts.
Protection from Market Losses
1. While your annuity’s performance is tied to a market index (like the S&P 500), your principal is protected from losses.
2. You benefit from index-linked growth with a floor (often 0%), meaning you’ll never lose money due to market downturns.
Tax-Deferred Growth
1. Earnings grow tax-deferred until you start withdrawing income.
2. This allows your money to compound more efficiently over time compared to taxable investments
Annuities, Fixed Indexed Annuity, Income Annuities, in Deerfield Beach, FL