What Is A Flexible Premium Deferred Fixed Index Annuity?

  1. 3998 POINTS
    Matt Benore
    Founder, DenverWest Insurance Professionals, Inc.,
    A Flexible Premium Deferred Fixed Index Annuity means you can add funds to it throughout the contract. Deferred refers to the tax deferral annuities have. Fixed Indexed refers to the crediting strategy meaning it credits growth from one of the indexes in the stock market. The S&P 500 is the most common.

    Thank you for your question. Let me know if you have any further questions as there are many designs to these type of annuities.
    Answered on October 14, 2014
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