Fixed Indexed Annuities (FIA) are perfect for Seniors/Retirement Accounts
With FIA’s the principal is protected from Market Losses and the accumulation is linked to an index like the S&P 500.
Annuities are insurance and therefore can insure the principal will never go backwards.
The retirement account is rolled into an FIA and continues its tax deferred status.
Better than a bank CD, not the market, but somewhere in the middle.
Any money left over will go directly to the beneficiary and avoid probate court.
Gains are locked in each year.
We can turn the retirement account into a paycheck guaranteed for the rest of your life with all remaining account value going to the designated beneficiaries.