177k views
4 votes
Which type of annuity is the individual credited with a return that is based on changes in an index?

User Fortilan
by
6.5k points

1 Answer

5 votes

Indexed Annuity or Equity-Indexed Annuity

An indexed annuity yields returns based on a particular equity-based index. They offer one the opportunity to offer a high return and protection against market declines. The prospect of a high return and low risk makes them appealing to investors

User Damin
by
6.1k points