Episode #308: An Easy Explanation of Fixed Indexed Annuities


It’s often said that nothing good comes easy, but that doesn’t mean everything good has to be difficult. For instance, fixed indexed annuities are great additions for many to their financial portfolios, but far too many believe that FIAs don’t have a place in their holistic financial plan because they are too difficult to grasp.

It’s especially unfortunate when unnecessarily complex, excessively detailed, and confusing explanations portray them as unapproachably perplexing and result in missed economic opportunities. Nobody should miss out on something good simply because they find it difficult – especially when it doesn’t have to be.

In this episode of Money Script Monday, Kyle demonstrates that fixed indexed annuities don’t have to be complex by breaking down FIA basics and detailing the processes involved in the accumulation and distribution phases.

Resources Provided for This Episode

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About Kyle Tomko

Kyle Tomko is a Senior Field Support Representative at LifePro. He coaches hundreds of financial professionals on how to build effective financial strategies that achieve their clients' long term goals and helps them stay educated on the latest industry trends.