Fixed Index Annuity

Austin Fixed Index Annuities

This is why you need to start preparing for the future today to make sure your retirement years are secure. Fixed index annuities can help make this happen.

Talk to the financial professionals at Reap Financial to learn more about fixed index annuities. We have helped numerous people in the Austin area with securing their future.

What Are Fixed Index Annuities?

There are differences, both large and small, between fixed index annuities and other retirement investments. But in the end, they have the same goal: to ensure your financial security.

Before we describe fixed index annuities, let's talk about annuities in general. The four basic forms of annuities are fixed, variable, immediate, and fixed index. They all share certain traits. Annuities are a contract between a financial institution and an individual. The person agrees to make premium payments, which the financial organization will return (with interest) as incremental payments or in a lump sum. Any investment into an annuity is tax deferred.

So how do fixed index annuities differ from other investment options? This type of annuity is directly connected to a specific financial index, such as Nasdaq of the S&P 500. People choose this type of investment because it contains the ability to make a stronger return than with other options. Most types of investments return the premium plus a little interest. Fixed index annuities let you earn the benefits of a high interest rate without major stock market risks.

Call Reap Financial to Learn More

Schedule a consultation today by contacting our office and learn more about fixed index annuities in Austin.