Move aside, Valentine’s Day… there’s another reason to celebrate! This week, we’re commemorating the 22nd anniversary of Fixed Indexed Annuities (FIAs). While we can’t guarantee flowers or heart-eyed emojis, this anniversary marks the continuous advancement of a retirement product that can offer guaranteed lifetime income. Fixed Indexed Annuities (FIAs) are great for your conservative investing dollars and a great way to diversify your retirement savings.
FIAs were first introduced to consumers on February 15th, 1995. FIAs can be a smart option for most ages and savers at any level. Join the growing movement by taking advantage of the benefits of FIAs to help create a sustainable retirement future.
- The retirement landscape is evolving – people are living longer and Social Security is becoming less secure. Coupled with market volatility, the future is uncertain. Adding an FIA to your retirement portfolio can help generate steady, lifetime income.
- Other retirement products have limits that hinder flexibility and savings growth. An IRA or 401(k) might control how much you’re able to contribute, but FIAs do not have annual contribution caps.
- Balancing your portfolio can help your retirement dreams come to life. Diversifying your account through using both employer offered programs and products like an FIA can create opportunities for traveling, spending time with friends, or investing in your grandchildren’s future.