Who’s Who in an FIA?

How Fixed Indexed Annuities Work

An annuity contract involves up to four parties. They are the insurance company,  the owner, the annuitant and, the beneficiary.

Insurance Company

This insurance company issues the annuity and the annuity guarantees are backed by the insurance company.

Contract Owner

The individual who purchases an annuity is the owner. Owners decide on beneficiaries for annuities.


The owner and annuitant are usually the same people, but not always. An annuitant’s life expectancy determines when and how much they will receive in benefits.


In the event of the death of the annuitant, the death benefit will be paid to the beneficiary designated by the owner.

Choosing the Right Retirement Professional

A financial professional who is experienced in his or her field is the most favorible route to take when learning about fixed indexed annuities. There is no one-size-fits-all retirement strategy. How you manage your money could have a lasting impact on the rest of your life. 

At TW Retirement Strategies, we only work with clients if we believe we can help them. We aim to protect the retirement strategies of our clients. It is important to keep in mind that not every financial agent is the same.  We understand the importance of protecting the savings retirees have built up over their lifetimes. We can help you learn more about fixed indexed annuities. Our team can help you when you are ready. 

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