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Fixed Index Annuities are the new Bond Alternative

Friday, August 30th, 2013 and is filed under Retirement Income Annuities, Uncategorized

When you purchase a bond, you are lending money to an issuer that is usually a government, municipality, corporation, or federal agency. In return for that money, the issuer promises to pay a specified rate of interest periodically during the life of the bond and to repay the face value of the bond when it comes due. Bond maturities can be short term (0-5 years), medium term (5-12 years), or long term (greater than 12 years). Read More