Annuities
Index annuities are continuing to build interest in the current economic environment. According to LIMRA, in 2023, Fixed Index Annuity sales totaled $95.6 billion, up 20% from $79.4 billion in 2022. This continues an upward trend with 2022 sales up 25% from 2021 numbers, which were 8% higher than the record set in 2019. Insurers have been able to offer competitive rates while protecting the principal investment from equity market volatility, making FIA products more attractive to the growing number of investors seeking protected investment growth.
Learn more about different types of annuities, including specific features that can affect your payout, how women can use annuities to set up a more secure retirement, and how to decide where an annuity might fit into your retirement estate plan.
Fixed indexed annuities can be very useful investments. As the name implies, FIAs are fixed annuities with a rate of return linked to the performance of a stock market index (often the S&P 500). Because of this stock market exposure, they can sometimes bring conservative investors very nice returns – often, considerably better returns than the ones provided by CDs, bonds, or money market accounts. They really aren’t designed to outperform the stock markets; they are designed to outperform the fixed markets.
Is a Fixed Indexed Annuity right for you? Watch the Fixed Indexed Annuities video to find out more.









