Summerlin Benefits Consulting Q&AAnswer
Oct 22, 2024 - 11:23 AM
A good retirement plan focuses on income protection, balancing safety with potential returns. Fixed Indexed Annuities (FIAs) offer guaranteed income while safeguarding your principal from market downturns. Unlike variable annuities, which are tied to market performance and riskier, FIAs generate interest through an index, providing both security and growth. Modern annuities also offer options like income riders and long-term care benefits, making them flexible tools for lasting retirement income.
