Is an Annuity a Good Idea? Whether to invest in an annuity depends on your financial goals and circumstances. Because annuities can come with relatively high fees, you might consider otherretirement savings vehiclesbefore buying an annuity.
It states that indexed annuities are investment connected to stock market which guarantees to pay a specific interest rate determined by an investment-based index to the purchaser. It mentions that a deferred annuity can accumulate income and ensure longevity whereas a fixed annuity's compound growth...
better solution for your situation. I'm really agnostic about either type because I sell both. Often the index-annuity-pushing agents like JD Mellberg only market the one type of high commission annuity and then bad-mouth the other types. I offer a "fair and balanced" approach to this ...