Is A Fixed Indexed Annuity A Good Idea For Seniors? 
Fixed annuities can definitely be a great idea for seniors . The set payout creates a known , predictable income stream that helps supplement a senior 's other retirement income . They are low-risk and generate a guaranteed interest rate return . There are immediate and deferred fixed annuities and they are set up through insurance companies . If you 're already at the retirement age , you may want to consider an immediate annuity . If you 're in younger years , then a deferred annuity may be more preferable . An immediate fixed annuity makes fixed payments starting when the annuity is established that are determined by your age and the size of your annuity -LRB- how much money you put into it -RRB- . A deferred annuity accumulates over time . If you would like to look into fixed annuities in further detail and see what interest rates are available in today 's market from a number of different carriers , please send me an e-mail via the contact me button next to my name . I have an agent in my office that has a strong background in fixed annuities and can help get your program set up . I hope the information is helpful - please feel free to contact me with any other questions as well . Thanks very much . 