Equity Indexed Annuity
An equity-indexed annuity is a fixed annuity that earns interest based on a portion of an equities index, typically the S&P 500. An index equity annuity is also known as a fixed index annuity.
An equity-indexed annuity is a fixed annuity that earns interest based on a portion of an equities index, typically the S&P 500. An index equity annuity is also known as a fixed index annuity.