
Texarkana, USA: Carl Standridge of Four States Retirement Group considers fixed index annuity options a number one choice for people planning retirements. A fixed index annuity is a contract between you and an insurance company in which you make a lump-sum payment or series of payments and in return, receive regular income distributions at some point in the future. This type of annuity provides protection of principal in a down market, an opportunity for growth and the interest rate is guaranteed to never be less than zero. These annuities also offer a guaranteed minimum rate no matter if the markets suffer a loss. There are several benefits of a fixed annuity in addition to receiving a steady stream of income in retirement. Many fixed index annuities offer something called a nursing home waiver to help you offset these costs and avoid any surrender penalties when withdrawing funds in these types of emergencies. Continue Reading →