Long-form
Fixed vs Variable vs Indexed Annuities | Jeffrey S. McLeodSummaryIn this 1:01 Annuities Explained video, Jeffrey Scott McLeod, LUTC, covers “Fixed vs Variable vs Indexed Annuities.” The word annuity is a Latin word that means annual income a NN annual it means sttip it the word variable means what you put in can vary up. And down the word fixed means your premium is fixed it doesn't necessarily mean your interest is fixed there is a third type of an annuity a fixed index annuity. And that just means how you make your interest. When you buy an indexed annuity you own an insurance contract you're not buying shares of any stock or index complete the form on this page. And you'll receive the National Association of insurance Commissioners buyers guide this guide does not endorse any company or policy thank you Insurance education only—not securities advice. Key takeaways
From the NAIC Buyer’s GuideFixed indexed annuities are a type of fixed annuity that earn interest based on changes in a market index; the interest rate is guaranteed never to be less than zero, even if the market goes down. When you buy an indexed annuity, you are not investing directly in the market or the index. Deferred annuities differ by how you pay premiums—such as single premium, flexible premium, or other patterns described in the contract—and by fees and charges. The 2022 NAIC Buyer’s Guide for Deferred Annuities explains that an annuity is a contract with an insurance company. With an annuity, the insurer promises to pay income on a regular basis for a period you choose—including the rest of your life. Source: NAIC Buyer’s Guide for Deferred Annuities (2022). The guide does not endorse any company or policy. For your state insurance department, see www.naic.org. Questions about fixed index annuities? Call or text 501-658-9882 · Book a time on the calendar Insurance-only disclaimer Jeffrey Scott McLeod, LUTC, is a licensed insurance producer. Content on this page is educational and discusses insurance products only—not securities, brokerage, or investment advisory services. Texas license 901162. Arkansas / National Producer Number 558629. Product availability, rates, and features vary by state and insurer. Read the NAIC Buyer’s Guide and the insurance contract before you buy. More videos |
Jeffrey Scott McLeod, LUTC — Licensed insurance producer. Texas license 901162. Arkansas / National Producer Number 558629. Insurance products only; not securities or investment advisory services.
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