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Equity Indexed Annuities
What is an equity-indexed annuity? How does it differ from other income? An equity indexed annuity is an annuity that earns interest that is linked to a stock or equity index. One of the most commonly used indices is Standard & Poor's 500 Composite Stock price index (the S & P 500). An equity-indexed annuity [...]
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What is passive in an annuity? I'm 61 and want to lock an index annuity 7 years when it expires. I put in 20K and now is the courage of 21K. Will I be taxed on the 1K only? Yes assuming no withdrawals other … so that its cost base even 20k will be taxed [...]
The Overlooked Annuity: Equity Indexed Annuities Equity Indexed Annuities have a place in many people’s retirement accounts. Unfortunately, they aren’t as well known as variable or fixed annuities and customers and sales reps often overlook them because of lack of awareness. Equity indexed annuities provide a method of fighting inflation, participating in the market and [...]