The the market plunges!…Wait, it’s going up!…No, it’s down again!…
With all of the recent turmoil, Fixed Indexed Annuity (FIA) owners can breathe a sign of relief knowing that made a great choice that protects their hard earned money and retirement assets such as their IRAs from sudden market downturns.
An FIA is a tax-deferred opportunity to participate in the upsides of the market without the risks associated with market volatility. With an FIA, your money is protected from market losses.
Key FIA benefits include:
- No Loss of Principal
- Locked in Gains
- A Guaranteed Stream of Income for Life
- Tax-Advantaged Accumulation
- Crediting Options – You Choose a Crediting Strategy
Unlike variable annuities, which are securities investments, FIAs are safe insurance products and only insurance licensed professionals may offer these safe tools.
Talk to your retirement distribution professional today to determine whether as FIA is an appropriate option to complement your retirement planning strategy.