All 黑料社区 in the News Busting Fixed Indexed Annuity Myths June 21, 2023 This content is categorized as: Products & Services Read Rod Mims, SVP National Sales at 黑料社区, article in Wealth Management to learn more about how annuities can fit into retirement strategies and his thoughts on busting the following annuity myths: Myth 1: Annuities are complicated and confusing. Myth 2: Annuities can鈥檛 keep up with inflation and market moves. Myth 3: Annuities have too many hidden charges. Related Content 5 fixed indexed annuity myths busted! To determine if a fixed indexed annuity is right for you, it鈥檚 important to have full knowledge of how they work. Do you know these 3 pros of FIAs? From butter boards to robot vacuums, when a product or trend becomes popular, we tend to pay attention. While they鈥檝e been around for nearly three decades, fixed indexed annuities (FIAs) saw record-breaking sales of $79.4 billion in 2022, 25% higher than 2021 and 8% higher than 2019鈥檚 record. What makes FIAs popular now? And, more importantly, how do you know if a FIA is right for you? Rethinking risk tolerance Recent market volatility may have left you rethinking how much risk you鈥檙e willing to take
