What ill show up here?
- An indexed annuity provides a rate of return based on the performance of a market index like the S&P 500.
- You can invest your annuity premium into a single market index or across several indices.
- Indexed annuities guarantee a minimum interest rate and you don’t lose money even if the market underperforms.
- The issuing insurance company can cap your gains to protect itself from losses.
What will happen here?
Looks at the index value at various points and takes the highest of the values and compares it to the level at the start of the contract.
High Water Mark
Looks at the index value at various points and takes the highest of the values and compares it to the level at the start of the contract.
Testing Heading
Compares the change in the index rates at two preselected points in time. This can be the start and end of the contract term.
14 Cited Articles
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Brown, J. (2017, April 10). 5 Facts About Equity-Indexed Annuities. Retrieved from https://money.usnews.com/investing/articles/2017-04-10/5-facts-about-equity-indexed-annuities
Financial Industry Regulatory Authority. (n.d.). Equity-Indexed Annuities – A Complex Choice. Retrieved from https://www.finra.org/investors/alerts/equity-indexed-annuities-complex-choice