02/08/2022
Yes. A fixed indexed annuity is a deferred annuity, which means your funds inside the annuity have an opportunity to grow. There are fixed annuities, which pay interest, and variable annuities, where the growth comes from market returns.
☑️ Fixed indexed annuities offer the safety of a fixed annuity with some potential for growth.
☑️ Your growth comes from interest payments.
Your interest rate is based on the performance of a market index.
In most fixed indexed annuities, you don’t have downside market risk. Even if the index has a negative return, you won’t lose money. That’s because most fixed indexed annuities have what’s called a guaranteed* minimum interest rate.
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