The financial world has changed, no question. And, when it comes to annuities, this is a great thing! Insurance companies have listened to what consumers are truly looking for and have created a fantastic product –– the fixed index annuity. A fixed index annuity combines the good qualities of all annuity types while getting rid of the bad. It’s truly a retirement income-planning product that answers the needs of modern day retirees and soon-to-be-retirees: control, growth, income, and safety.