Compare Fixed/Equity-Indexed Annuities

For some time, Annuity FYI recommended against the purchase of any fixed/equity-indexed annuity. Over the past year, however, some insurance companies have reacted to public outrage over some of the high fees and questionable benefits of these products, and introduced more reasonable products. As such we present below two lists: a short list of fixed/equity-indexed products that we believe may be worthy of consideration. And a second, searchable database of virtually all available fixed-indexed annuities.

Before investing, read “Fixed-Indexed Annuities: Questions to Ask Before Purchasing”, as well as our archived article “Take Care When Buying Equity-indexed Annuities.” If you are attracted to investments that link your return to a market index, consider equity linked CDs -- they guarantee your principal, are FDIC insured, and give you stock market upside linked to a particular market index.

Updated: 07/08/10.