A fixed annuity with a long term growth potential is something of a fantasy to some investors, however, this is just what an Aviva equity indexed annuity can help can do. Allowing an investor to accumulate earnings with a higher interest rate combined with Aviva’s minimum guarantee means that investors never have to fear losing their principle premium.

Some added benefits of an Aviva Equity Indexed Annuity include:

• Tax deferred status on interest, allowing the investor to continue receiving lifetime income
• Can be used as a supplement to income from retirement with no limits on spending
• High interest earning potential
• A bonus of six percent is added to contributions made in first year of Aviva equity indexed annuity contract
• If the investor dies, the entire annuity, including principle and interest, is credited to the beneficiary in one limp sum payment

Other Benefits

In addition to these benefits on earnings and payments, any investor in an Aviva equity indexed annuity receives various withdrawal benefits as well. For example, should an investor wish to withdraw up to 10 percent of the accumulated value of the year prior, he can do so without fear of incurring adjustments in the market value of the annuity or paying a charge for the withdrawal. Additionally, should the Aviva annuity investor forgo a withdrawal for a year, he could withdraw up to 20 percent without incurring these same charges or adjustments.

Contribution Options

Contributing to the annuity is simple and efficient. Using either a limp sum payment, or a series of constitutions to the annuity, the associated insurance company will base the return on investment on the value of the stock market index. From there, when the previously agreed upon accumulation period has been reached, the investor can choose to receive the annuity on a lump sum or in timed payments, called "annuitizing." The investor also has a choice of the way strategies for interest crediting, income options and withdrawal options play out in addition to choosing how much he wants to pay in as a premium.

Income Options

The options for income are numerous and include direct deposit withdrawals, which are on a set scheduled basis, access using a checkbook, various annuity options for payout and Aviva’s own LifetimePaySM method of payment. This system allows the investor to control the principle of the annuity while receiving an income for his lifetime.

An Aviva equity indexed annuity is certainly beneficial to any investor, especially to those who are looking for a passive income for their entire lives. This type of income will last longer than the investor, which in itself has the benefit of paying the beneficiary in the event of the investor’s untimely passing. Choosing an Aviva equity indexed annuity is easy and worth the risk, because there is none.