Annuity Buyer Checklist

annuities

What to consider before buying a Fixed Index Annuity for guaranteed retirement income.

1

Identify your income goals

Determine how much guaranteed income you need in retirement.

Estimate Payouts →
2

Compare FIA products from multiple carriers

Cap rates, participation rates, and fees vary between insurance companies.

3

Review the surrender period and charges

Typical surrender periods are 5-10 years with declining charges.

4

Check the insurance companys financial strength

Look for A+ or A++ rated carriers from AM Best.

5

Understand the guaranteed lifetime income options

Know how much lifetime income your premium will purchase.

6

Consider inflation protection riders

Ensure your income keeps pace with rising costs over time.

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Disclaimer: This content is for educational and informational purposes only and does not constitute financial, legal, or tax advice. Products and services mentioned may not be available in all states. All insurance products are subject to underwriting and policy terms. Consult a licensed professional for advice specific to your situation.