How Have Fixed Index Annuities Evolved And How Are Consumers Protected?

By Casey Kuhn

They say the earlier you decide to invest your money, the better. But, before you sign anything, you need to know exactly how your money may, or may not, perform — especially in a fixed index annuity. The market for these insurance products has boomed, but the complexity of these investments may feel misleading to the average consumer.

If you’re of retirement age, you may have been solicited by someone selling fixed index annuities as an investment tool for a lifetime income.
This can be true for many people. This story will dive a little deeper into these increasingly complex insurance contracts.

This can be true for many people. This story will dive a little deeper into these increasingly complex insurance contracts.
Before we get started, let’s define what a fixed index annuity is.

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