Myth Busters: Examining the Facts about Index Annuities
December 23, 2020 by Phil Simonides, CFP
For years people have wondered about the use of annuities in their investment and retirement portfolios. In 2019 alone, total deferred annuity sales topped $221 billion, of which a record $73.2 billion were considered fixed index annuities. The increased attraction can be traced to what index annuities offer investors: downside protection coupled with the potential for upside returns associated with various indices.
Wink’s Note: Despite the fact that I don’t believe the hype on #6, this is a pretty good educational article on indexed annuities. And from Kiplinger, no less! -sjm