equity-indexed annuity

Definition

An annuity whose returns are based upon the performance of an equity market index, such as the S&P 500, DJIA, or Nasdaq. The principal investment is protected from losses in the equity market, while gains add to the annuity's returns.

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You should try ti make sure that you know how all of the equity-indexed annuity can work for your company.

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If you are trying to find a good way to invest you may want to use an equity-indexed annuity with your cash.

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The equity-indexed annuity performed excellent this last quarter, and we had high hopes for the prospects for the remaining portion of the year.

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