Annuity Type

Fixed Indexed Annuities (FIAs)

A fixed indexed annuity credits interest based on the performance of a market index, with a guaranteed floor of zero. You can share in market gains, but you never lose principal to market losses.

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How an FIA works

Your deposit is not invested directly in the stock market. Instead, the insurance company credits interest based on a market index (like the S&P 500) using a cap, participation rate, or spread. If the index goes up, you receive a portion of that gain. If the index goes down, your credit for that year is simply zero, and your principal and prior gains stay locked in.

Why retirees choose FIAs

Principal protection: a losing year in the market cannot reduce your account value
Upside potential linked to a market index, with prior gains locked in
Tax-deferred growth until withdrawal
Optional income riders that guarantee lifetime income you can't outlive
A middle-ground option between the safety of CDs and the risk of investing directly

What to compare

FIAs vary significantly by carrier: index options, caps, participation rates, spreads, surrender schedules, and income rider benefits all differ. A licensed advisor can help you compare current products from top-rated carriers so you understand exactly what you're getting, and what the trade-offs are.

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Compare current FIA products

A licensed specialist will send you side-by-side comparisons of top-rated FIAs available in your state.