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Fixed Annuity
By Greg Culver

If you are interested in making your money grow over time, you should know about an investment instrument called fixed annuity. Fixed annuity is an investment option offered by different insurance companies. There are several other variations of annuities like variable annuity and indexed annuity but fixed annuity remains one of the most popular choices for individual investors.

Annuity is, essentially, a contract between an investor and insurance company. The insurance company is governed by the state and has to follow certain regulations. There is also a tax deferment component that is governed by the Internal Revenue Code.

So what is the fixed annuity and how does it differ from other types of investmen...
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