How fixed index annuities compare in terms of risk
When you’re creating a financial plan, there is no one “best” product. But there are products that can be a better fit in order to help meet your goals for retirement, whether you’re experienced or just getting started.
Fixed index annuities (FIAs) are insurance products that are quickly becoming a household term as a new generation of savers are drawn to growth potential and protection from market downturns. Take a look at where FIAs fit with other products, such as:
- Stocks
- Mutual funds
- Variable annuities
- Bonds
- Fixed annuities
- CDs
- Bank money market accounts
- Cash
In summary, fixed index annuities help ensure your premium is protected from market downturns.
Related Links
Busting 5 common myths about fixed index annuities
Annuities are often misunderstood. Many people may find it difficult to understand and navigate these insurance products due to misinformation, rumors, and myths. As a result, many individuals may be put off by the idea of purchasing an annuity. In this consumer-friendly flyer, we’ve debunked 4 common myths we hear about fixed index annuities (FIAs).
Compare fixed index annuities with features of other financial product options
When consumers are creating a financial plan, there is no one “best” product. But there are products that can be a better fit in order to help meet their retirement goals.
The benefits of a fixed index annuity for a client
Fixed index annuities (FIA) can be a valuable planning vehicle for retirement savings. They offer protection from market downturns and guarantees that clients expect along with growth opportunity to help build retirement savings. Discover more benefits of a fixed index annuity inside.
Rollover resources: Why an annuity may meet rollover needs
This client-friendly flyer can be paired with our client rollover guide, to help your clients understand how an annuity may meet their rollover needs.
The term financial professional is not intended to imply engagement in an advisory business in which compensation is not related to sales. Financial professionals that are insurance licensed will be paid a commission on the sale of an insurance product.
Neither Midland National® Life Insurance Company, nor any financial professionals acting on its behalf, should be viewed as providing legal, tax or investment advice. Please rely on your own qualified tax professional.
Insurance products issued by Midland National® Life Insurance Company, West Des Moines, Iowa. Product and features/options may not be available in all states or appropriate for all clients. See product materials for further details, specific features/options, and limitations by product and state.
Fixed index annuities are not a direct investment in the stock market. They are long term insurance products with guarantees backed by the issuing company. They provide the potential for interest to be credited based in part on the performance of specific indices, without the risk of loss of premium due to market downturns or fluctuation. Although fixed index annuities guarantee no loss of premium due to market downturns, deductions from your accumulation value for additional optional benefit riders or strategy fees associated with allocations to enhanced crediting methods could exceed interest credited to the accumulation value, which would result in loss of premium. They may not be appropriate for all clients. Interest credits to a fixed index annuity will not mirror the actual performance of the relevant index.
33655YY | PRT 7-6-21