Fixed  Indexed  Annuities

In summary, an annuity is a financial product issued by an insurance company that pays a periodic income stream upon annuitization (when the decision is made to start taking distributions). Annuitization can begin immediately or seven to ten or more years after the annuity is purchased.

        For those who have had a 401(k), 403(b), IRA or other market-based plan for a period of time and feel that it may be time to move their assets to something more stable and less volatile - many find Fixed Indexed Annuities to be the perfect fit.

       For those early in their working careers, the company match on their 401(k) or employer contribution to their 403(b) may be a good fit.  At this point in their career, many are comfortable with the opportunity equity or market–based plans are able to offer.

       However, for those who are more towards the middle or approaching the end of their working years, there may be the need for something that is able to provide less volatility while still providing access to upside earnings potential.

     Fixed Indexed Annuities (FIA) are plans that do not include a life insurance component but still guarantee protection against incurring market loss while offering access to upside market potential.

      Fixed Indexed Annuities offer penalty free, qualified to qualified plan and or liquid asset transfers. Also, FIAs offered by insurance companies working with NGFS do not charge administrative or management fees.