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Kiplinger

Business

Cliff Ambrose

Pros and Cons of Fixed Index Annuities as Retirement Tools

One wooden block spans two stacks of wooden blocks.

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.

Why So Many Experts Consider Annuities a Win for Retirees

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