A fixed index annuity is one of the best strategies for generating low-risk cash flow in a volatile economy, some experts say. Once an investor locks in the current rate on a specific income rider on a fixed index annuity, the insurance company must continue to pay that income even if interest rates move lower in the future.
Fixed index annuities can also guard against market losses, thereby maintaining your principal and providing a lifetime guarantee that the income will last as long as the recipient is alive.
