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Are fixed indexed annuities a good investment?

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In a nutshell, an indexed annuity -- which is sometimes called a fixed-indexed annuity, or an equity-index annuity, or a variation on one of those -- is an investment you can make to help yourself save money for retirement. read more

Nuts and bolts In a nutshell, an indexed annuity -- which is sometimes called a fixed-indexed annuity, or an equity-index annuity, or a variation on one of those -- is an investment you can make to help yourself save money for retirement. read more

"Indexed annuities can be a challenge to understand, so be sure to do your homework," advises Gannon. Depending on what you are looking to address, it may be in your best interest to consider a different type of annuity or a combination of investment products. read more

Retirement consultant and best-selling author Ed Slott agrees the Treasury Department's expansion of retirement options to allow annuities in 401(k) plans is "a step in a good direction." Yet, he echoes the concern of several financial advisors that an annuity's monthly lifetime income guarantee may require an employee to invest a large chunk of his other 401(k) balance in order to have a meaningful payout. read more

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