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How much does a $100,000 fixed annuity pay per month?
A $100,000 annuity can generate $580 to $859 per month, depending on your age, gender, and whether you choose single or joint lifetime income. Older buyers receive higher payments because insurers expect to pay for fewer years, and joint annuities pay less because they cover two lives.
What is the downside to a fixed index annuity?
Disadvantages include complexity, as many contracts offer riders and options that often require the assistance of a qualified professional to explain. While FIAs do offer the potential for higher returns based on market performance, there is usually a cap limiting the upside.
An equity-indexed annuity is a fixed annuity, either immediate or deferred, that earns interest or provides benefits that are linked to an external equity
SecureLiving Index 10 Plus. SecureLiving Index 10 Plus is a single premium, fixed deferred annuity. It offers both index and fixed interest crediting strategies
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