Basics of Fixed Indexed Annuities

[ModestoPHP]

Hello friends Im a license agents and I am so happy to use this video to help explain to our community about the benefits of obtaining or rolling over your retirement unto a Fixed Index Annuity. Let's spread financial education.

[joannechan]

FIAs should be part of every person's retirement plan. Income for life or two lifetimes, and in some cases, with a death benefit to boot. I offer this to my clients when they don't qualify for life insurance too. A good way to build a nest egg for long term care needs as well.

[cbacon]

So taxes are due on the earned interest when withdrawn?

[guzzi]

Can you roll a fixed index annuity into a Money Market account when it matures?

[Julia-jj]

Why did the retired person start practicing yoga?

Because they wanted to find inner peace and learn how to bend, not break, with age! 🧘 Share your favorite yoga poses...

[abhijitbanerjee]

these are highly sophisticated products with risk transferred to the insurance companies; from the insurance company perspective these are very highly risky product with very large commissions paid out to agents. Dont let the razzle dazzle fail you in the basic understanding that if the insurance companies fail, you lose your life savings