Fixed Index Annuities
You have many years ahead of you, including a lengthy amount of time after retirement. Now is the time to start preparing for the future and improving your financial outlook. This goal can be reached with the help of fixed index annuities.
At Family Focus Financial Group, you can learn about fixed index annuities from our knowledgeable financial professionals. We help families with securing their future in the Wall Township area.
What Are Fixed Index Annuities?
Annuities are similar to other retirement investments and share the goal of helping you and your family achieve long-term financial security. But they have a few unique characteristics.
First, a little about annuities in general. They are available in four basic formats: variable, immediate, fixed, and fixed index annuity. They all share certain traits. At the base level, they operate as a contract between a financial institution and an individual. The person pays a premium that will, at a predetermined time, be returned back to the individual in a lump sum or as incremental payments. All money placed into an annuity is tax-deferred.
But what separates fixed index annuities from other investments? This type of annuity is directly connected to a specific financial index, such as Nasdaq. People choose this kind of annuity because it contains the potential to make a greater return than other options. Many investments can offer little more than a return of your premium and a small amount of interest. Fixed index annuities allow you to earn the benefits of a solid interest rate without major stock market risks.
Call Family Focus Financial Group to Learn More
When you are ready to learn more about fixed index annuities, please contact our office in Wall Township to arrange a consultation.