Is A Fixed Indexed Annuity A Good Idea For Seniors? 
Fixed annuities are finding increased acceptance among seniors . Guarantees are important to seniors who are concerned with any loss in their investments . The fixed annuity gives safety for the rest of the life of the senior . Fixed annuities are being purchased to provide a boost to the income of the senior after they reach an older age . This compensates for inflation . Should death occur before this deferred annuity starts its payments the principle in the annuity would pass to the heirs in accordance with the beneficiary provisions . 