A type of deferred annuity, indexed annuities use the movement of a particular market index to provide for credit earnings. It guarantees a minimum return. It also allows policyholders to join in stock market gains.
As an investment tool, annuities are excellent for individuals who are averse to risk. Annuities are also good choices for individuals who are nearing their retirement. With such a small window of opportunity, it is better to invest in something more secure.
If you are not sure how to proceed with your annuities planning, East Coast Financial Group can help. We have specialists who can provide you with the correct information related to annuities. This can help you secure your retirement.
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