How to Find Fixed Indexed Annuities That Work for You

No two annuities are the same, and fixed indexed annuities have exploded in popularity. Here are some tips to keep in mind when looking for a good FIA.

A retired couple smile as they look over paperwork at a table while a laptop is open in front of them.
(Image credit: Getty Images)

Today’s retirement planning journey is likely very different from what your parents experienced. Retirees can no longer rely on a large pension and Social Security check to provide for their income needs and are seeking safe investment options and saving tools. As a result, sales of annuities had a record-breaking year in 2022, led by fixed indexed annuity sales at a total of more than $310 billion.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Bradley Rosen
President, Longevity Financial

Bradley Rosen is the owner and president of Longevity Financial, an independent financial professional with over 24 years of financial planning experience. Bradley provides each client with a customized Design for Life By Longevity FinancialⓇ plan that encompasses each part of their financial picture, including investments, insurance, taxes and legacy planning. He is passionate about creating longevity with one’s finances and prioritizing holistic health, both physically and financially. His unique approach to retirement planning is the result of watching both his grandmothers outlive their retirement income. For his dedication to educating and empowering women, he was awarded the Thelma Gibson Award in 2015. He has been featured in Forbes and on the local CBS, NBC and FOX TV news affiliates in his new hometown of Atlanta.