Fixed Indexed Annuities: A Safety Net, Not a Safety Trap

An article by Lisa Gibbs called "The Safety Trap" is about fixed indexed annuities and appears in the January/February 2011 issue of MONEY magazine. The article does state some positive aspects of fixed indexed annuities and offers a rebuttal by insurance industry experts. Unfortunately for retirees the conclusions of the article point consumers in a direction that would deny them the safety and protection they are seeking in creating a retirement that offers peace of mind.

Considering the exhaustive research put into writing the article "The Safety Trap" and the many interviews with insurance industry personnel, it is implausible that there is not one mention from the millions of satisfied annuity owners who weathered the recent economic crisis without losing a single penny from their fixed indexed annuity or a caution to readers that not everyone has the time to recover from negative market experiences or the capacity to wait for a recovery because of medical or personal emergencies.

The National Association for Fixed Annuities (NAFA) believes that additional information and further details are important for individuals to consider before they make retirement planning decisions. NAFA has prepared the following information to help you educate yourself and to present you with facts to counter misstatements that were made in "The Safety Trap" article.

Facts and Clarifications About Fixed Indexed Annuities

The information that follows address the negative assertions that were made in "The Safety Trap" article that appear in Money magazine. NAFA believes that these statements were either biased or inaccurate. Click on the links below to learn more.