What’s A Fixed Annuity?

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   Jim Winkler

   CEO/Owner, Winkler Financial Group, Houston, Texas

   That is a great question! Simply put, a fixed annuity is one that pays a fixed interest rate during the accumulation phase of the contract. When looking for one of these, the trick is to find an interest rate that will cover the fees charged, and outpace inflation. ( Otherwise, you are just slowly losing money) There are several out there, and a good agent will help you find the one that is right for you. Many people like this kind of annuity, because there is no guesswork on what it will return. I hope that helps, thank you for asking!

   Answered on August 5, 2014

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