Compare Fixed Annuity Products

What’s the right fixed annuity product for you? Deciding where to put your money is a big decision. We’ve assembled some key facts to help you make the right choice.

But, first, let’s be very clear here. We are only talking about fixed annuity products—which are insured products and the principals are guaranteed. 

We are not talking about variable products—which are securities products and whose principals and interest are not guaranteed and may fluctuate with the market.

Fixed Annuity

If you’re looking to earn a higher rate than a traditional bank savings accounts, money markets and certificates of deposits (CDs), and you can afford to let your money grow for 1-, 3-, 5- or more years, this may be the account for you:

• Principal is 100% guaranteed
• No fees– 100% of principal goes to work day 1
• Offers a higher yield than most traditional bank savings accounts, money market savings accounts and CDs
• No annual taxes
• May help avoid having Social Security benefits being taxed
• May avoid probate
• May offer creditor protection
• May require a minimum deposit
• Surrender charges do apply  

Fixed Indexed Annuity (aka Index Annuity, Equity Index Annuity)

If you will not access your money until 3-, 5-, 10- or more years,  you may have the potential to earn a higher rate of return than bank savings accounts, money markets, CDs, and fixed annuities. Fixed indexed annuities:

• Principal is 100% guaranteed
• No fees– 100% of principal goes to work day 1
• May offer a higher yield than a bank savings, Money Market accounts, CDs and Fixed Annuities
• May receive a first year deposit bonus, up to 10% or more. Earnings are linked to a market index, such as the S&P 500, Dow or NASDAQ. Earnings are capped to a percentage of the upside of the linked market index; however, there is NO loss of principal or earnings if the linked market index goes negative in any given year.
• May have check book access. No early withdrawal penalties (usually limited to 10% of account value annually)
• May provide a guaranteed life income you cannot outlive
• No annual taxes
• May help avoid having Social Security benefits being taxed
• May avoid probate
• May offer creditor protection
• May require a minimum deposit
• Surrender charges do apply

For a real life case of how a Fixed Indexed Annuity has performed over the years, click here.

For a presentation on how a Fixed Indexed Annuity works, click here.

For the latest and highest rates on fixed annuities and fixed indexed annuities, click here or call us (810) 714-9021, and see if they may be suitable for your situation.