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In the bustling financial landscape of Seattle, one name stands outu2014David Snavely. Born and raised in the vibrant city of Seattle, Washington, Snavely has become a financial maestro with a remarkable 36 years of experience. As the founder of Sound Investment Services, his journey is not just about financial success; it's a testament to his commitment to community and philanthropy. https://www.slideshare.net/slideshow/david-snavely-a-financial-icon-changing-the-face-of-seattlepdf/266671129
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David Snavely’s Expert Advice: Why Choose Equity Index Annuities?
Looking to secure a stable retirement? More people in retirement are now using Equity Index Annuities as a viable solution to protect their retirement accounts. David Snavely, one of most respected financial experts in the country and founder of Sound Investment Services, presents the case for EIAs, along with the reasons why these financial products belong in your retirement strategy.
What Are Equity Index Annuities? Equity Index Annuities is a fixed annuity that brings together growth and income in one product. Whereas traditional fixed annuities pay out a fixed rate, an EIA directly links returns to a stock market index, like the S&P 500. This allows the policyholder to directly benefit from the gains of the market but not lose their principal in the market as the account is protected from market losses. Principal protection Some of the most important benefits associated with Equity Index Annuities are protection for your principal investment. David Snavely maintains that a good EIA can provide safety of principal for the investor, regardless of any fluctuations in the underlying Index. This means that even when the stock market goes down, you aren’t going to lose the hard-earned money that you had initially invested. This principal protection feature is especially attractive to retirees or those close to retirement looking to protect their IRA or other savings accounts but are still seeking growth. Growth Potential Equity Index Annuities provide an opportunity for growth by crediting interest based upon a particular stock market index. As David Snavely above notes, though EIA’s will not have the high returns that an individual stock can achieve, but can offer a middle way toward growth via a protected stock index. As such, a policyholder will be able to reap benefits from good market performance without being exposing to the full risk of market and downside volatility. The potential for growth, together with a guarantees and a minimum return, guarantees make EIAs an attractive alternative for obtaining steady growth and income in retirement. Visit for more : https://davidsnavelybestadvisor.com/