An Index Annuity is a vehicle that will provide an investor with safety of principal, the ability to defer taxes each year on the interest that is earned, a
bonus ranging from 5 - 12 % on your initial deposit, the ability to withdraw a percentage of the value if an emergency occurs, most will provide multi-year
guarantees and
much more.
Whether it's a short - term introductory
bonus, a rate
guarantee, a fixed rate product or regular savings account, all usually have defined «end dates» after which your money won't be earning you anywhere near as
much, so you should shift it to earn more.