If you are researching ways to protect your retirement savings while still getting market-linked growth, you have probably run into a wall of confusing insurance jargon. The most common question we get from people reading older financial advice is: What is the difference between an Equity Index Annuity and a Fixed Index Annuity?

In this quick video, Shawn Plummer from The Annuity Expert gives you the straight answer: there is virtually no difference!

Shawn explains how the term "Equity Index Annuity" was popularized in the late 90s and early 2000s. You will learn the one subtle difference between those early contracts and the modern "Fixed Index Annuities" sold today (hint: it has to do with the addition of a declared fixed-interest bucket). Both products serve the exact same core purpose: giving you stock market-linked upside with 10 ...