USI Annuitiy


Fixed Indexed Annuity (FIA)

An FIA is contract with an insurance company. The contract term can be anywhere from 5 to 10 years. During that time, the interest rate that is credited to the contract each year is determined by the movement of a pre-selected market index. If the index is negative, your contract value stays level. If the index is positive, your contract is credited with a part of the index increase.

AT NO TIME ARE YOUR FUNDS INVESTED IN THE MARKET OR IN THE INDEX. THE INDEX IS SIMPLY USED AS A GAUGE.

You should consider this type of annuity if you desire the possibility that if the index rises that the interest credited to this account might be greater than the interest credited under a Single Premium Deferred annuity (SPDA) (See the previous page.)

If you cancel the contract before the end of the term, a charge will occur. Typically the charge decreases for each year that you hold the contract. During the term of the contract, you may access a certain percent of the contract value without a charge. You also have the option of turning your account value into a stream of guaranteed income payments (See Start Guaranteed Income Now), without incurring a charge.

After the contract period has expired, you could leave your funds on deposit and earn interest or you could remove any or all of your funds without charge.

So as not to incur a charge and to help your account to grow, the amount that you deposit into this kind of contract should be an amount that you do not plan to access during the contract period.

For more information on Fixed Index Annuities, take a look at the Growth Now, Income Later section of the the Additional Information & Resources page.


Give Us a Call: 877-777-9478

For more information or to start designing your income plan, call our trained annuity specialists on our Annuity Help Desk from 8 a.m. – 6 p.m. Eastern or email us at usiannuity@ashbrokerage.com

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Important Disclosures: All guarantees are subject to the claims-paying ability of the issuing insurance company. USI receives a percentage of the revenue that is paid to Ash Brokerage by the insurance companies in connection with annuity placements. The above links are provided for your information only. Please note that content located on third party web sites is subject to change.