- At or nearing retirement
- Concerned about market losses or volatility
- Looking for a growth opportunity for the savings they can’t afford to lose
A fixed indexed annuity is a good fit for people who are:
Simply put:
Fixed indexed annuities are designed to help grow your money by earning returns that are based upon the performance of certain market indices.
A fixed index annuity isn’t invested directly in the market, so your investment will never decrease as a result of any losses an index may experience.
Key benefits of a FIA
Growth potential
Your growth is based, in part, on the growth of stock market indices. It may experience accumulation rates higher than CDs and other fixed investment opportunities when markets are performing well.
Safety
Protect against market losses and volatility by locking in gains every year, and never having the risk of losing money if the market takes a turn.
Tax advantages
Just like a retirement savings plan, such as a 401(k) or IRA, there are no taxes on any gains until they’re withdrawn from the contract. This allows any growth to compound more quickly.
One more thing…
Upside potential and downside protection sounds too good to be true.
And while that’s exactly what these products provide, it’s important to understand that your growth potential is limited compared to other investments that have more upside, but also greater risk.
Additional features
Lifetime income
Income solutions can make sure that your money lasts as long as you do.
Variety and flexibility
Choose from a diverse lineup of index options and ways that your money can grow.
Choose your timeframe
Multiple contract lengths to match your time horizon.
Leave a legacy
A FIA can be used in several ways to pass on a legacy to loved ones.
AuguStar FIAs
Now that you understand why a fixed indexed annuity may be right for you, it might be a good time for you and your financial professional to consider why AuguStar Retirement has some of the best options available for you to choose from.
Annuities issued by AuguStar Life Insurance Company, member of Constellation Insurance, Inc. family of companies. Product, product features and rider availability vary by state. Guarantees are based on the claims-paying ability of the issuer. Issuer not licensed to do business in New York. Guarantees do not apply to the investment performance of any index.
Early withdrawals may be subject to surrender charges. Withdrawals may be subject to ordinary income tax and, if taken prior to age 59½, an additional 10% federal tax may apply. Fixed annuities are not insured or guaranteed by the FDIC or any other government agency.
Fixed indexed annuities (“FIA”) are long-term investment vehicles designed to accumulate money on a tax-deferred basis for retirement purposes. Upon retirement, FIAs may provide an income stream or a lump sum. If you die during the accumulation or payout phase, your beneficiary may be eligible to receive any remaining Contract Value.