Annuity
An annuity is a contract between you and an insurance company. The idea is pretty simple. You put money in. It accumulates interest. It pays you back later. “Paying you back” can happen in several ways. One option is to take money out as a monthly payment for the rest of your life.
Your money can grow over time
And pays you back later
Fixed indexed
“Fixed indexed” describes how the annuity’s interest is calculated. This interest can be a fixed rate or based on the performance of a market index .
Fixed rate
Market index
Single-premium
You purchase the annuity with a single payment .
You make a single payment
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