Fixed Indexed Annuity
Fixed Indexed Annuity
Jan 19, 2018
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A "FIA" Fixed Index Annuity is a safe retirement plan with many benefits. The interest you earn is based on a market index like the S&P 500. You participate in a portion of the gains and none of the losses because a FIA has a 0% floor. The above example shows a 50 yr old who rolls over $400k from an old 401k from a previous employer. Using a historical rate of return from the last 10 years and including a 12% sign on bonus... By the time they turn 60 his account value is projected to be $881 K I
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