Fixed Index Annuity

Fixed Index Annuities in Hutto, Tx

As scientific knowledge has advanced, people have started living longer. Now is the time to prepare for the future and improving your future security. Fixed index annuities are a solution that works for many of our Tx clients.

At REAP Financial, you can find out more about fixed index annuities from our skilled financial professionals. We help families with securing their future in the the Hutto area.

What Are Fixed Index Annuities?

There are some differences, both major and minute, between fixed index annuities and other investment options. But in the end, they all have similar goals: to ensure financial security for you and your family.

First, a little bit about annuities in general. The four basic forms of annuities are immediate, fixed, variable, and fixed index annuity. At the base level, they function as a contract between a financial institution and an individual. The individual 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.

So what are fixed index annuities exactly? Fixed index annuities are tied to a financial index, such as the S&P 500. With a flexible interest rate, there is more risk with these annuities, in addition to with the ability to make a stronger return than other options. With some investments, you can expect little more than a return of your premium plus a little interest. Fixed index annuities, on the other hand, let you earn the benefits of a solid interest rate with less exposure to major risks associated with the stock market.

Contact REAP Financial to Learn More

If you are prepared to learn more about fixed index annuities, please contact our Hutto office to schedule a consultation.