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Can you lose money in a fixed annuity? 1SummaryIn this 0:45 Annuities Explained YouTube Short, Jeffrey Scott McLeod, LUTC, covers “Can you lose money in a fixed annuity? 1.” The only place in America where the very serious word guaranteed and highly regulated word can be used in a contract with you is an annuity. Only an annuity can pay an income that can be guaranteed to last as long as you live. The legal reserve system has withtood a recurring the recurring economic and political challenge of world wars, recessions, investment scandals, and one major great depression Insurance education only—not securities advice. Key takeaways
From the NAIC Buyer’s GuideWhen you start income, annuity payout options can include payments for life, for a period certain, or combinations described in the contract. The 2022 guide lists payout options and questions to ask before you buy. 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. Fixed annuities guarantee at least a minimum interest rate set by the insurer. Deferred annuities also differ by premium pattern and by fees and charges. 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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