Index Annuities QuotesIntroducing Equity Index Linked Annuities from the
|
Index annuities are retirement-planning tools that have two phases: the accumulation phase and the annuitization phase. In the accumulation phase, you give money to an insurance or investment company over a period of time or in a lump sum, and it earns a rate of return. In the annuitization phase, you begin to withdraw regular payments (such as monthly or annually) from your contract until you die.