Pros and Cons of Fixed Index Annuities as Retirement Tools

With so many FIA products available, each with its own contract terms and varying rates, it's crucial to invest in one that fits your retirement plan.

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As the retirement population continues to grow, millions of pre-retirement and retired Americans are turning to various annuity products to bridge the financial gap between what they have and what they need. A fixed index annuity (FIA) is an insurance contract that provides retirement income.

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Cliff Ambrose
Founder, Financial Adviser, Apex Wealth

Cliff embarked on his professional journey in the financial services sector right after obtaining a degree in Finance and Economics from Saint Anselm College. He commenced his career as a Financial Adviser at MetLife, where he excelled and was awarded the prestigious Super Starter Award and Leaders Club production accolade in his first year. Cliff's early years in the insurance-broker dealer realm at MetLife and New England Financial honed his skills and transformed him into a consummate expert in the insurance space.