Investment or Saving Choices
Ways An Annuity Can Earn Interest
How your annuity accrues interest depends on whether you choose
1. A Fixed Annuity
2. An Indexed Annuity
3. A Variable Annuity
A fixed annuity earns a guaranteed rate of interest for a set time.
An indexed annuity is a kind of fixed annuity that grows according to a variable rate.
Higher risk, but potential for higher reward.
Either you make one payment or several ones over a period time.