Wouldn’t you love to make money when the stock market goes up but never lose anything when the stock market goes down? You can! A fixed index annuity bases your annual gains on a portion of an index you choose, such as the S&P 500 Index, without suffering any losses in the years your index goes down.
If the stock market crashes you get zero percent, so you’re completely protected against market losses. And when your index goes up, you have can earn a portion, not all, of the gain, based on a cap, spread, and/or participation rate. Zero downside and part of the upside.
If your index does well, and you receive three years of annual gains, and if the stock market crashes, you will not lose any of your principal or previous three years of gains. After a stock market crash, if your index performs well again, you can receive a percentage of that gain without having to recover from any losses.
You can protect your savings from losses and receive lifetime income, but you could incur surrender charges and fees, and guarantees are backed by the financial strength of the issuing annuity company.
If you want to learn how indexing can help you, please contact us today.
VIP Financial
www.vipfinancials.com
402.547.0395
Wealth Management in Parker CO
Financial Planning