INDEXED ANNUITIES

Fixed Indexed Annuities Averaging Averaging at the beginning of a term protects you from buying your equity index annuity at a high point, which would reduce the amount of interest you might earn. Averaging at the end of the term protects you against severe declines in the index and losing index-linked interest as a result. On the other hand, averaging may reduce the amount of index-linked interest you earn when the index rises either near the start or at the end of the term.