What does protection of principal mean with a fixed annuity?

In Annuities - Fixed Annuity - Asked by Admin - 8 months ago

Unlike other investment vehicles, the principal of the account is protected from downward loss. Variable annuities, securities, and other investments can lose value. The fixed annuity has a fixed interest rate, independent of market downturns.

Answered by Admin - 8 months ago

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What does protection of principal mean with a fixed annuity?

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