Equity-indexed annuities are complex investments sold by insurance companies that pay investors part of the capital appreciation in a stock index and guarantee a minimum return if the contract is held to maturity.
Vanguard has preserved a reputation as the lowest-cost provider of investment options since John Bogle founded the company in 1974, operating on an at-cost basis in a world motivated by profit.
Allianz Life’s MasterDex X still top of the indexed annuity heap. Sales of the popular product helped Allianz maintain its place as the top seller of indexed annuities.