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Fixed Index Annuities in New Orleans

Now is the time to prepare for the future and improving your financial outlook. Fixed index annuities are a solution that works for our clients in LA.

At Gregory Ricks & Associates, you can find out more about fixed index annuities from our experienced financial advisors. We help people to secure their future in the New Orleans area.

What Are Fixed Index Annuities?

Annuities are a lot like other investments and share the goal of helping you and your family achieve long-term financial security. But they have a few unique characteristics.

First, a little bit about annuities in general. Basically, there are four types of annuities: fixed, variable, immediate, and fixed index. All of them share certain qualities. Annuities are a contract between an individual and a financial institution. The individual pays a premium that will, at a predetermined date, be returned back to the individual in a lump sum or as incremental payments. All money placed into an annuity is tax-deferred.

So how do fixed index annuities differ from other investment options? This annuity is directly linked to a specific financial index, such as the S&P 500. People choose this kind of annuity because there is the potential to make a stronger return than other options. Many investments can offer little more than to return your premium along with a small amount of interest. Fixed index annuities let you earn the benefits of a high interest rate without major stock market risks.

Call Gregory Ricks & Associates to Learn More

If you are ready to learn more about fixed index annuities, please contact our New Orleans office to schedule a consultation.