Is An Equity Indexed Annuity A Variable Annuity?

1. 

   5082 POINTS

   view profile
   J Paul Wilson CFP, CHFC

   Certified Financial Planner, JPW Insurance Retirement Investments, Halifax, Nova Scotia, Canada

   In Canada, viable annuities are typically called segregated funds. They are also sometimes called GIFs or Guaranteed Investment Funds. Similar to mutual funds, but with guarantees
   The investment could mirror an Index and as such the performance could be considered to be Equity Indexed.
   Annuities can be complicated. An independent life insurance broker can help you find the plan that is right for you.
   If you have further questions or feel that I could be of assistance, please do not hesitate to contact me.

   Answered on December 9, 2014

   flag this answer
Did you find these answers helpful?
Yes
No
Go!

Add Your Answer To This Question

You must be logged in to add your answer.