The Best Fixed Indexed Annuities in Virginia by Virginia Annuity Resource
Virginia Annuity Resource is the best broker in Virginia to learn about Fixed Indexed Annuities. There are no other options besides learning here. You can shop, compare, and finalize your product on your time frame to make sure that the carrier and product best suits your needs. We are Annuity Brokers that deal with all top carriers with only high ratings to ensure you will never have to worry about what your investment is doing. Fixed Indexed Annuities are great retirement savings products because they give you many many options for account accumulation. Fixed and Indexed accounts asset allocation is up to you each year.
Fixed Index Annuities are named this way because you have the option of allocating your assets into a fixed account which earns fixed interest. Once this interest is credited it cannot go down. Then there is the other option of allocating your account into different indexes for growth only which is linked to a selected index. Insurance companies do have caps on this growth, but it is fair compared to substantial losses many of our clients have faced with other investments. Again, once interest that is earned from these index baskets as we like to call them get credited to your account, it cannot go down. Even if there is a major collapse like we all experienced in 2008, many accounts stayed the same with no loss. Granted there was no gain, but as things got back to semi-normal, gains were again seen in these index account allocations.
One thing to consider with Fixed Indexed Annuities are Income Riders. Income riders are available in most products but do come at a cost. If you decide to elect lifetime income, you in essence exchange the right of a lump sum to lifetime income based on a percentage according to your age. Fixed Indexed Annuities are great investments that can help you achieve lifetime income in retirement. However, not all products are equal and might not match your unique situation so please consult an Annuity Broker to discover all of your options.
We look forward to helping you in Virginia to discover your options and retirement plan with Fixed Indexed Annuities with Income Riders.
Jack Fleming – Virginia Annuity Broker