{"id":167,"date":"2018-12-19T10:34:52","date_gmt":"2018-12-19T18:34:52","guid":{"rendered":"https:\/\/gpswp.com\/wealthfinancialgroupwest\/?page_id=167"},"modified":"2019-06-13T06:21:43","modified_gmt":"2019-06-13T13:21:43","slug":"fixed-indexed-annuities","status":"publish","type":"page","link":"https:\/\/gpswp.com\/wealthfinancialgroupwest\/services\/fixed-indexed-annuities\/","title":{"rendered":"Fixed Indexed Annuities"},"content":{"rendered":"

What do you think of when you hear the word annuity? For many, they\u2019ve heard biased opinions, but very few actual facts. Every product has pros and cons, and annuities are no exception. However, annuities are gaining popularity and it\u2019s for a reason. Did you know, for example, that in 2016 total fixed indexed annuity sales hit a record-breaking $117.4 billion, 14 percent higher than 2015, according to LIMRA Secure Retirement Institute\u2019s Fourth Quarter U.S. Annuity Sales survey?<\/a><\/p>\n

Fixed Indexed Annuities, or FIAs, have gained popularity for a few reasons. First, they offer principal protection so that the finds placed in the annuity are protected from downside market risk. Many fixed indexed annuities offer some minimum guaranteed contract values.\u00a0 Additionally, a fixed indexed annuity can earn interest that is based, in part, on an external market index, like the S&P 500. Typically, those interest credits are added to the policy values and can\u2019t be lost due to market downturns. For individuals who tend to have a more conservative tolerance, this can make a lot of sense. In addition, some FIAs often contain features that can provide a lifetime\u00a0income stream, providing you with a monthly paycheck no matter how long you live.\n<\/p>\n

Fixed Indexed Annuities Details:<\/h3>\n