Are All Indexed Annuities Fixed?

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Understanding Different Types of Annuities

Fixed-indexed annuities and equity-indexed annuities are both types of fixed-indexed annuities, whereas RILA annuities are indexed but not fixed.

Fixed Indexed Annuities:

  • Nature: These annuities are indeed fixed.
  • How They Work: They offer returns based on a stock market index but with guaranteed minimum interest rates.
  • Risk Level: Lower risk due to the fixed nature.

Equity-Indexed Annuities:

  • Nature: These are also fixed annuities.
  • Functioning: They are similar to fixed-indexed annuities, providing returns based on equity indexes.
  • Security: Offer a blend of potential growth and security.

RILA Annuities (Registered Index-Linked Annuities):

  • Nature: These are not fixed annuities.
  • Characteristics: They offer higher potential returns linked to market indexes but also expose the holder to some downside risk.
  • Risk and Reward: Higher risk and potential reward compared to fixed indexed annuities.


While both fixed-indexed and equity-indexed annuities are fixed annuities, offering security and minimum guaranteed returns, RILA annuities differ as they are not fixed and involve higher risk for potentially greater returns. Understanding these differences is crucial for making informed investment decisions. Contact us today for a free quote.

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Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Shawn Plummer is a Chartered Retirement Planning Counselor, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

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