Like other types of annuities, indexed contracts can also offer you a lifetime income in retirement. In fact, if you choose the lifetime income option, you can count on a regular payment for the remainder of your life – no matter how long that may be.
But are indexed annuities really all they’re cracked up to be?
Before you make a long-term commitment to one, it’s important to know exactly how these annuities work. Otherwise, you could be in for a surprise if the annuity doesn’t perform the way you anticipated it to. If you want to know which type of an annuity may work best for you, click here to take our free online annuity quiz, which only takes about 30 seconds to fill out.