Fixed indexed annuities (FIA) are a type of annuity that has been around since the mid-’90s but have only recently exploded in popularity. A properly structured fixed indexed annuity offers the following characteristics: • 100% principal protection, guaranteed by the insurance company. This is why we have to pick an insurance company with a high rating and a long history of making good on its promises—often a century or more! • Upside without downside—like structured notes and market-linked CDs, a fixed indexed annuity allows you to participate when the market goes up but not lose if the
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