A fixed equity indexed annuity gives you more risk – but more potential return than a fixed annuity – but less risk and less potential return than a variable annuity. It is also known as an equity indexed annuity.
As its name implies, its value is linked to a market index, such as the S&P 500 Composite Stock Price Index, a collection of 500 stocks intended to represent a broad segment of the market.
Learn more about Fixed Equity Indexed Annuities by contacting one of our experts today.