Summerlin Benefits Consulting Q&AAnswer
Jan 23, 2024 - 06:29 AM
Some annuities will allow you to pay into them monthly or annually so that you can deposit a little at a time to grow the account. Most Fixed Index Annuity contracts however, require an up front lump sum deposit. Typically, you can start your FIA with as little as $20,000; but the minimum amount varies by product and insurance company. If you are interested in a Fixed Index Annuity, talk to an agent at Summerlin Benefits Consulting about your financial goals to find out what might be best for you.
