14 Year Fixed Index Annuity
A 14 year fixed index annuity is a type of fixed annuity that earns interest based on the performance of a stock market index such as S&P 500, Dow Jones, and Nasdaq.
The insurance-based, tax-deferred retirement plan means fixed index annuity owners can’t lose money due to stock market volatility and downturn.
Fixed index annuity earnings grow tax-free until withdrawals are taken. This tax advantage is called tax-deferral.
After 14 years, all funds can be withdrawn or transferred without a penalty.
