Index annuities can provide a steady stream income for retirement. They are similar to other annuities. Before you can receive any income, you must agree to fund the agreement. The contract will explain how your annuity will fund
Whether it’s a lump sum or over time with regular monthly payments. It will also indicate when withdrawals are allowed.
An equity-indexed annuity, also known as a fixed-index annuity, is an annuity that pays income according to a stock index like the S&P 500. Indexed annuities can be very profitable when the financial markets are performing well. Indexed annuities can be described as a combination of fixed and variable annuities.
An annuity with a fixed-index or equity index is an annuity that pays income according to a stock index like the S&P 500. Indexed annuities can be very profitable when the financial markets are performing well. Indexed annuities can be described as a combination of fixed and variable annuities.
Annuities work differently. There are many annuities which do more harm than good. An expert in annuity sales can be a great asset. You could lose control over your money, or experience poor growth.
An equity-indexed annuity is an annuity that earns interest tied to an equity stock, or another equity index.
One of the most popular indices is the Standard & Poor’s 500 Composite Stock Price Index (the S&P 500). Indexing Method: This is the method that determines the index’s change.
RetireSharp Wealth Management, LLC is a registered investment adviser in the state of Florida. The adviser may transact business in states where it is appropriately registered, or where it is excluded or exempted from registration. Information presented is for educational purposes only and is not an offer or solicitation for the sale or purchase of any securities or investment advisory services. Investments involve risk and are not guaranteed. Be sure to consult with a qualified financial adviser or a tax professional before implementing any strategy discussed herein.
This information is designed to provide general information on the subjects covered, it is not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Ifasi Financial and its affiliates do not give legal or tax advice. You are encouraged to consult your tax advisor or attorney.
Annuity guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claimsâpaying ability of the issuing company and are not offered by RetireSharp Wealth Management, LLC.