Summerlin Benefits Consulting Q&AAnswer
Oct 23, 2024 - 12:16 PM
Fixed Index Annuities (FIAs) help mitigate market volatility by offering growth potential linked to a stock market index, while protecting your principal from losses during downturns. This creates a balance between risk and reward, as FIAs provide a guaranteed income stream in retirement, shielding your nest egg from market fluctuations. These features ensure steady, long-term income without the risk of outliving your assets, making them a valuable tool for retirement planning.
