Fixed Indexed Annuities

Fixed Index Annuities in Macon

Now, more than ever, it’s vital to start formulating a plan for the future, because financial security is a necessity if you’re going to enjoy your long, post-retirement life. Fixed index annuities are a solution that makes sense for our clients in Macon.

If you want to find out more about fixed index annuities, talk to the financial professionals at Stevens Financial Group. We help families with securing their future in the Austin area.

What Are Fixed Index Annuities?

There are differences, both major and minute, between fixed index annuities and other investment options. But in the end, they all have similar goals: to ensure financial security for you and/or your family.

Before we get into fixed index annuities, let's talk about annuities in general. The four basic forms of annuities are variable, immediate, fixed, and fixed index. All annuities are a contract between an individual and a financial institution. The person pays a premium that will, at a predetermined date, be returned back to the individual in a lump sum or as incremental payments. Any investment into an annuity is tax deferred.

But what separates fixed index annuities from other long-term investments? Fixed index annuities are tied to a specific financial index, e.g. S&P 500. This annuity is in the middle of the road with risk and offers the possibility for a higher rate of return. With many investments, you can expect little more than a return of what you have paid and a small amount of interest. On the other hand, fixed index annuities allow you to experience the benefits of a healthy interest rate without leaving you exposed to major stock market risks.

Call Stevens Financial Group to Learn More

Schedule a consultation today by contacting our office and learn more about fixed index annuities in Macon.