The Advantages of Index Annuities

Index annuities are a type of annuity that is linked to a market index such as the standard and pours five hundred index so they offer you the potential to get higher returns than fixed annuities for instance providing some protection against market risk. Most non-qualified annuities also can come in the form of income annuities where you take a lump sum of money the insurance company invested for you  they guarantee you a monthly income for either the rest of your life or a period certain. They have less risk than a variable annuity truthfully but what people don't like about them usually is they can be very complicated to understand. I talk about these in some detail