Fixed Index Annuity

Fixed Index Annuities in Leander, Tx

You have a long life in front of you, including lots of time after retirement. It's vital to start formulating a plan for the future now, because financial security is a necessity if you are going to enjoy your long, post-retirement life. One option that can help achieve this goal is a fixed index annuity.

If you want to find out more about fixed index annuities, talk to the financial professionals at REAP Financial. We have helped numerous people in Leander with securing their future.

What Are Fixed Index Annuities?

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

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

So how do fixed index annuities vary from other annuities? Fixed index annuities are tied to a financial index, such as Nasdaq of the S&P 500. Fixed index annuities are in the middle of the road with risk and offer the ability for a stronger rate of return. Most types of retirement investments return what you have paid along with a small amount of interest. Fixed index annuities, on the other hand, allow you to earn the benefits of a high interest rate without major risks associated with the stock market.

Contact REAP Financial to Find Out More

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