People who buy equity index annuities are looking for a safe investment that allows them to defer income taxes on the interest they earn. (thebalance.com)
The average returns on equity indexed annuities (or fixed indexed annuities) tend to be higher than fixed annuities or bank products due to the linking to index returns. (investopedia.com)
With annuities they classify immediate annuities as good, variable annuities as bad, and equity indexed annuities as ugly. (alephblog.com)