A fixed indexed annuity (FIA) is a popular choice for IRA rollovers. FIAs provide principal protection and market-linked growth without risk of loss. The rollover is tax-free when done as a direct rollover. An independent agent can compare FIA options for IRA rollovers.
Key Points
- Fixed indexed annuity (FIA): popular choice for IRA rollovers
- Principal protection: no risk of loss in down markets
- Market-linked growth: participates in stock market gains
- Direct rollover: tax-free transfer from IRA to annuity
- An independent agent can compare FIA options for IRA rollovers