Fixed Indexed Annuities
The interest earned on an FIA can be substantially higher because it ties the interest (return) to an external market index. In fact, this product was developed as an alternative to traditional savings vehicles because of its ability to provide greater returns. Fixed indexed annuities are useful for those who are adverse to risk in the stock market.
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At Alloy Wealth Management, we sometimes recommend them as part of a balanced portfolio when it comes to investment management and retirement planning services. However, it’s important to know that a fixed indexed annuity is not an investment, it’s an insurance product. A fixed indexed annuity is a contractually guaranteed transfer-of-risk strategy, and a non-correlated asset.
Please note: A Fixed Annuity should not be confused with a Variable Annuity. Variable Annuities are securities, sold by prospectus, and you can lose your money because you carry the risk of its performance. A Fixed Indexed Annuity is not a security, and therefore, your principal and earnings are guaranteed to never lose value as long as the insurance carrier is able to pay claims.
Fixed Indexed Annuity payments and guarantees are dependent upon the claims-paying ability of the insurance carrier.
When it comes to Fixed Indexed Annuities, you can count on Alloy Wealth Management.
Alloy Wealth Management
13840 Ballantyne Corporate Place
Charlotte, NC 28277
330 E. Coffee Street
Greenville, SC 29601
Mon-Fri: 9:00 AM – 5:00 PM
Toll-Free: (800) 689-3935
Fax: (877) 496-9797
The information we provide regarding tax minimization planning is not intended to, and cannot, be used by anyone to avoid paying federal, state, or local municipalities, taxes, or penalties. You should seek advice based on your particular circumstances from an independent tax advisor as tax laws are subject to interpretation, legislative change, and unique to every specific taxpayer’s particular set of facts and circumstances.
Annuity guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims‐paying ability of the issuing company and are not offered by Alloy Wealth Holdings LLC - DBA Alloy Investment Management.
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