Where to Buy Equity-Indexed Annuities

Shawn Plummer

CEO, The Annuity Expert

In today’s volatile economic landscape, you are securing your financial future more critical than ever. One instrument that’s been capturing the interest of savvy investors is where to buy equity-indexed annuities. It offers a unique blend of security and growth potential, making it an attractive choice for those wishing to enjoy the benefits of the stock market without experiencing its downsides. But how much money do you need to purchase an indexed annuity? And where can you buy equity-indexed annuities? In this guide, we’ll comprehensively answer these questions and provide you with the roadmap you need to start your indexed annuity journey.

Confused About Annuities?

Are you new to annuities and unsure where to begin? Visit our Annuity Learning Lab for expert guidance and insights.

Understanding the Basics: What is an Equity-Indexed Annuity?

To begin with, let’s first understand what is meant by an equity-indexed annuity. In simple terms, it is an agreement between you and an insurance company where you make one-time or regular payments, and the insurer, in turn, promises to provide you with periodic payments immediately or in the future.

The unique aspect of an equity-indexed annuity is that it ties your investment’s growth to a market index, such as the S&P 500. This allows your investment to grow during positive market performances while providing a guaranteed minimum return, protecting you from significant market downturns.

Equity-Indexed Annuities

Investment Threshold: How Much Money Do You Need to Buy an Equity-Indexed Annuity?

Entering the world of indexed annuities doesn’t require being a millionaire but necessitates a sizeable investment. The minimum initial investment often varies depending on the insurer, but it typically ranges from $5,000 to $10,000. Remember that purchasing an annuity should align with your overall financial goals and risk tolerance. It’s recommended to consult with a financial advisor to ensure it’s the right choice for you.

Traversing the Marketplace: Where Can I Buy Equity Indexed Annuities?

You can buy equity-indexed annuities from a variety of sources:

Insurance Companies: The most direct way to purchase an equity-indexed annuity is through an insurance company. They offer a variety of annuity products with varying terms and conditions.

  • Brokerages and Financial Advisors: These professionals (like The Annuity Expert) can help guide you toward the right annuity product for your needs. Their expertise can be invaluable, especially for those new to the annuity world.
  • Banks and Credit Unions: Some financial institutions offer annuity products as part of their financial services. Compare the rates and terms to those offered by insurance companies and brokerages.
  • Online Platforms: With the rise of digital technology, several online platforms now facilitate the buying and selling of annuities. These platforms provide a convenient way to compare annuity products from different providers.
Where To Buy Equity-Indexed Annuity

Location, Location, Location: Where to Buy Equity Indexed Annuity and Indexed Annuities

The key to buying an equity-indexed annuity is finding the right provider that suits your needs. You can buy indexed annuities from any of the places above, depending on your comfort level, financial goals, and need for professional guidance. Remember, buying an annuity is a long-term commitment, so take the time to research and choose wisely.

Where To Buy Indexed Annuities

Next Steps

In summary, purchasing an equity-indexed annuity can benefit those seeking a balance of risk and reward. The initial investment can range from $5,000 to $10,000, and there are several outlets where you can buy these financial instruments – insurance companies, brokerages, financial advisors, banks, credit unions, and online platforms.

Before embarking on this journey, remember that a financial decision of this magnitude requires thoughtful consideration.

Where To A Buy Indexed Annuity

Request A Quote

Get help from a licensed financial professional. This service is free of charge.

Contact Us

Do Annuities have fees?

Yes, annuities do have fees. The most common fees associated with an annuity include mortality and expense (M&E) charges, administrative fees, surrender charges, and any applicable taxes.

What is the difference between an Equity-Indexed Annuity and an immediate annuity?

An equity-indexed annuity is an insurance product that combines the potential growth of a stock market index with the stability of an insurer’s guarantee. With this type of annuity, you can benefit from increases in the value of a specific index without being subject to the volatility or risk associated with investing directly in stocks and bonds. Unlike immediate annuities, equity-indexed annuities offer growth potential but also provide an income stream at a later stage.

Should I consult with a financial professional before purchasing an annuity?

Yes, it is always wise to consult with a qualified financial professional before purchasing an annuity.

Shawn Plummer

CEO, The Annuity Expert

I’m a licensed financial professional focusing on annuities and insurance for more than a decade. My former role was training financial advisors, including for a Fortune Global 500 insurance company. I’ve been featured in Time Magazine, Yahoo! Finance, MSN, SmartAsset, Entrepreneur, Bloomberg, The Simple Dollar, U.S. News and World Report, and Women’s Health Magazine.

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

Scroll to Top