Fixed and Unfixed Annuities

Fixed annuities are a type of investment product that provides a guaranteed stream of income for the life of the annuity. The payments are fixed, meaning they remain the same throughout the life of the annuity, and can be used to supplement retirement income or other sources of income. Fixed annuities provide tax-deferred growth and typically offer higher rates than other types of investments. They also provide protection from market volatility, as they do not fluctuate with stock prices or interest rates.

Unfixed annuities are a type of investment product that allows investors to benefit from market performance without taking on any risk. Unlike fixed annuities, unfixed annuities have no guarantee of future payments and may fluctuate in value depending on changes in the stock market or interest rates. Unfixed annuities also offer potential tax advantages, as investors may be able to defer taxes until withdrawals are made. However, unlike fixed annuities, there is no guarantee that an investor will receive any return on their investment.