What’s the Buzz About Equity-Indexed Annuities?

These days it seems investors are looking for safety and security more than ever, especially after the major stock market correction witnessed from 1999-2002. Four years later, numerous brokerage and variable annuity accounts still have not recovered their losses from that time period. Unfortunately, many investors were counting on those funds to provide income during their retirements. Thus the introduction of the equity indexed annuity, or EIA, to the main stream marketplace.