What's A Fixed Annuity? 
That is a great question ! Simply put , a fixed annuity is one that pays a fixed interest rate during the accumulation phase of the contract . When looking for one of these , the trick is to find an interest rate that will cover the fees charged , and outpace inflation . -LRB- Otherwise , you are just slowly losing money -RRB- There are several out there , and a good agent will help you find the one that is right for you . Many people like this kind of annuity , because there is no guesswork on what it will return . I hope that helps , thank you for asking ! 