how does indexed annuity differ from a fixed annuity?
How does an indexed annuity differ from a fixed annuity? An indexed annuity differs from a fixed annuity in that indexed annuity owners receive credited interest tied to the fluctuations of the linked index. Advertisement Upgrade to remove ads
An FIA is a fixed annuity that, according to the Insured Retirement Instituteâs report, credits a minimum guaranteed rate of interest over a fixed number of years, plus additional interest that may be credited based on the percentage change in the value of a broad market index.