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- An indexed annuity is a type of annuity contract that pays an interest rate based on the performance of a specified market index, such as the S&P 500. It differs from fixed annuities, which pay a fixed rate of interest, and variable annuities, which base their interest rate on a portfolio of securities chosen by the annuity owner.www.investopedia.com/terms/i/indexedannuity.asp
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WebOct 5, 2020 · How indexed annuities credit interest. In exchange for downside market protection, you’ll usually receive less than 100% of the …
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