Fixed Indexed Annuity
Fixed Index Annuities can be a great choice for your retirement income needs, however, do you know the key differences, benefits and drawbacks? Fixed indexed annuities are among the most misunderstood financial products on the market today. Fixed Indexed Annuity can be complex instruments, however by arming yourself with the right knowledge, you will increase your chances of making a smart buying decision that works toward your financial goals.
Why Choose Fixed Index Annuity Over Other Policies?
A fixed index annuity is an annuity whose interest rate is typically linked to an equity market index such as the S&P 500. They are generally considered safe investments because they provide inflation protection plus you have access to your money with some restrictions.
The downside is that returns on Fixed Indexed Annuities are typically capped so you will not benefit from potential stock market gains beyond a certain point. Fixed indexed annuities come with lower guarantees than traditional fixed annuities and some carry surrender charges if you try to withdraw your funds before some specified period (typically seven years).
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What Customers Say?
MOSES AKANBI
Lawrence Korman along with his agency BFL are making a difference in the DMV helping families, small businesses, communities and the underserved market by educating, protecting and providing customized financial solutions.
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I recently had the pleasure of working with the Built For Life Agency and I must say that my experience with their financial services and life insurance offerings has been nothing short of outstanding. From start to finish, they have displayed a level of professionalism and expertise that is truly commendable.The range of financial services offered by the Built For Life Agency is comprehensive and impressive. Whether it was retirement planning, or life insurance policies, they provided me with a wide array of options to choose from. Their team took the time to explain the intricacies of each product, making it easier for me to make informed decisions that aligned with my long-term financial goals.Everyone at the BFL Agency have exceeded my expectations, and I am confident they will do the same for you.
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The service that you receive at BFL Agency is more like an experience. The services provided and the attention to detail given to each client is some of the best I've been in the industry today. It's all about relationships.
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The BFL staff in my opinion is the best in the business and they truly desire to help you.
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I have had the ability to get to know the team of agents working within Built for Life Financial Agency. All are extremely knowledgeable and provide superior guidance on protecting families whether it be for retirement or life insurance.
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