Fixed Annuities


Advantages                                         Disadvantages

*Easy to manage                                 *Income depends on interest rate at time of purchase

*Certainty of income payments          *No investment flexibility

*Can make a great base for your plans*Inflation may erode purchasing power

*With term annuities holder may outlive income

*With life annuities heirs won’t receive benefit

*Options for dealing with disadvantages come at costs