Types of Annuities
Fixed Annuities
Fixed Index Annuity
Fixed Index Annuity
Similar to a Bank CD. Offers a guaranteed rate for a specific period of time. Known as MYGA (Multi Year Guarantee Annuity)
Fixed Index Annuity
Fixed Index Annuity
Fixed Index Annuity
Offers an interest rate tied to an index while offering principal protection from markets
Registered Index Annuity
Registered Index Annuity
Registered Index Annuity
Also known as a shield or buffer. Insurance companies take on a percentage of the downside risk while you participate in market returns
Variable Annuity
Registered Index Annuity
Registered Index Annuity
Investment tied to a variety of subaccounts with full market exposure. Usually have lifetime or legacy riders attached to them.