Why shouldn't I invest in a Fixed Indexed Annuity instead of the Market Savings program?

Modified on Mon, 08 Apr 2024 at 10:33 AM

The Market Savings program is very similar to a Fixed Indexed Annuity, except for a couple of things, which are listed in the chart below.


FeaturesMarket SavingsFixed Indexed Annuity
FDIC InsuredYes3No
Term Length1-year termUsually >5-year terms
Fees ChargedSave charges a 0.35% fee only when there is a return above 0.35%.Fees up to 5% upfront
Tax efficient investments2YesYes

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