Las Vegas Fixed Index Annuities
As medical advancements have continued, people have started living longer and longer. Now is the time to start preparing for the future and improving your financial outlook. Fixed index annuities are a solution that works for many of our Las Vegas clients.
Speak with the financial professionals at Cornerstone Wealth Management to learn more about fixed index annuities. We have helped numerous people in the Las Vegas area with securing their financial future.
What Are Fixed Index Annuities?
Annuities have the same purpose as all other options for retirement; they provide long-term financial security for you and your family. But they do have some distinct properties.
Before we get into fixed index annuities, let’s talk about the basics of annuities. They are available in four basic types: immediate, fixed, variable, and fixed index annuity. Annuities are a contract between an individual and a financial institution. The person pays a premium that will, at a predetermined date, be returned back to the individual as incremental payments or as a lump sum. Any investment into an annuity is tax deferred.
But what separates fixed index annuities from other investments? Fixed index annuities are tied to a specific financial index, like Nasdaq of the S&P 500. People choose this kind of investment because it contains the ability to make a greater return than other options. With many investments, you can expect little more than a return of what you have paid and a small amount of interest. Fixed index annuities let you experience the benefits of a solid interest rate without major stock market risks.
Call Cornerstone Wealth Management to Learn More
Schedule a consultation today by contacting our office and learn more about fixed index annuities in Las Vegas.