Over the years, and in increasing numbers, I have had clients contact me about an opportunity they have received for a fixed indexed annuity. These annuities are heavily marketed by mail, radio programs, and through free seminars at steak houses as the one-size-fits-all financial product for retirement income. I decided to share this article because there are important things to know about fixed indexed annuities before investing in them. I am not against all fixed indexed annuities. For many years I have placed a small portion of my clients’ investable assets in them if it was appropriate and fit their investment objective. But there are aspects related to fixed index annuities that concern me that I need to share.
