A Fixed Annuity is an insurance contract that guarantees the buyer a fixed interest rate on their contributions for a specific period of time. In this ppt, we are discussing fixed annuity and its type. With a fixed annuity, you can choose to receive guaranteed payments for a set number of years or a lump sum payment.

1. Fixed Annuity

2. About Fixed Annuity How Does It Work?
Types of Fixed Annuities
Fixed Annuity
Points to discuss:

3. About Fixed
Annuity
A fixed annuity is an
insurance contract
that guarantees the
buyer a fixed interest
rate on their
contributions for a
specific period of time

4. How Does Fixed Annuity Work?
Typically, the insurance company will then give you
an initial interest rate, which may last for part or all
of your guarantee period. On the other hand, you
may receive an initial rate for the first year and a
minimum rate for the duration of your guarantee
period. If it’s the latter, a new rate will be set every
year.

5. Traditional
Fixed
Fixed Index
Annuity
Multi-Year
Guaranteed
Annuity
(MYGA)
Types of
Fixed
Annuities

6. Traditional Fixed Annuities
A Traditional Fixed Annuity is a type of
annuity contract that credits an interest
rate that is declared one year at a time.
Insurance companies may increase the
interest rate on your traditional fixed
annuity contract after a specified
period, such as two years.
The new interest rate cannot fall below
the minimum rate specified in your
contract.

7. Fixed Index Annuity
A fixed indexed annuity is a tax-
deferred, long-term savings
option that provides principal
protection in a down market
and opportunity for growth.
It gives you more growth
potential than a fixed annuity
along with less risk and less
potential return than a variable
annuity.

8. Multi-Year Guaranteed
Annuity (MYGA)
A multi-year guaranteed annuity,
or MYGA, is a type of fixed annuity
that offers a guaranteed fixed
interest rate for a certain period,
usually from three to 10 years.
A MYGA is appropriate for
someone who is closer to
retirement, and prefers tax
deferral and a guarantee of
investment return.

9. Thank You
Address: Carlaw Ave Toronto Ontario M4M 2T4 Canada
Phone no: 800-461-4085
Website: https://www.advisorworld.com/