Fixed Index Annuity

Georgetown, Tx Fixed Index Annuities

You have a long life in front of you, including a lengthy amount of time after you retire. Now is the time to start preparing for the future and improving your future security. This can be achieved with the help of fixed index annuities.

Talk to the financial professionals at REAP Financial to learn more about fixed index annuities. We help people with securing their future in the Georgetown.

What Are Fixed Index Annuities?

Annuities have the same purpose as all other retirement options; they provide long-term financial safety for you and your family. But they have some distinct characteristics.

First, a little about the basics of annuities. The four basic forms of annuities are immediate, variable, fixed, and fixed index annuity. They all share certain qualities. Annuities are a contract between an individual and a financial institution. The individual pays a premium that will, at a predetermined time, be returned back to the individual as incremental payments or as a lump sum. All money placed into an annuity is tax-deferred.

So what are the specifics of fixed index annuities? Fixed index annuities are connected to a financial index, like Nasdaq. Fixed index annuities are in the middle of the road for risk and offer the ability for a stronger rate of return. With many investments, you can expect little more than a return of your premium plus a small amount of interest. Fixed index annuities, on the other hand, have the potential to earn a high interest rate with minimized exposure to major risks associated with the stock market.

Contact REAP Financial to Learn More

When you are prepared to learn more about fixed index annuities, contact our office in Georgetown to schedule a consultation.