Fixed Indexed Annuity (FIA) in New York

Fixed Indexed Annuity (FIA) in New York

Fixed Indexed Annuity (FIA) Works: Secure Growth with Market Potential

A Fixed Indexed Annuity (FIA) is a powerful financial tool that provides growth potential linked to a market index while protecting your principal from market downturns. If you’re looking for a way to grow your retirement savings with safety and tax advantages, an FIA might be a great fit.

How a Fixed Indexed Annuity Functions

An FIA is a contract between you and an insurance company, designed to offer both growth opportunities and financial security. Here’s how it works:

Initial Premium: You make an initial payment, which serves as the foundation of your annuity.Growth Linked to an Index: Your earnings are tied to a market index, like the S&P 500, Nasdaq 100, or Russell 2000, but your money is not directly invested in the stock market.Guaranteed Protection: Even if the index declines, your initial investment is never at risk.Tax-Deferred Growth: Earnings grow tax-deferred, meaning you don’t pay taxes until you withdraw funds, allowing your savings to compound faster.

Key Features of a Fixed Indexed Annuity

Index Options

Choose from indices such as the S&P 500, Nasdaq 100, or custom-blended indices for diversification.

Crediting Strategies

Point-to-Point: Tracks index performance over a set period (e.g., one or two years).Participation Rate: You receive a percentage of the index’s growth.Cap Rate: Limits the maximum interest credited to your annuity.Spread: A fee deducted from the index’s performance before interest is applied.

Principal Protection

Your initial investment is 100% protected, even in a declining market.

Guaranteed Lifetime Income (Optional Riders) Fixed Indexed Annuity (FIA) in New York 

Convert your savings into a steady income stream for life, ensuring financial stability in retirement.

Benefits of a Fixed Indexed Annuity

✅ Growth Potential with Safety – Earn interest based on market performance, without risking your principal.
✅ Tax-Deferred Growth – Your money compounds tax-free until you make withdrawals.
✅ Customizable Investment Strategies – Choose from various indices and crediting options to align with your financial goals.
✅ Guaranteed Income for Life – Many FIAs offer riders that ensure you never outlive your income.

Is a Fixed Indexed Annuity Right for You?

An FIA may be a good choice if you:
✔️ Want market-linked growth while keeping your money safe from losses.
✔️ Are looking for tax-advantaged ways to grow your retirement savings.
✔️ Need a balance between security and growth potential in your financial plan.
✔️ Desire a guaranteed income stream in retirement.

Get Expert Guidance on Fixed Indexed Annuities

At Mintco Financial, we help clients nationwide understand and invest in Fixed Indexed Annuities from the comfort of their homes through virtual Zoom consultations. Book a call with an expert today:

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