Fulton Financial Consultants, Inc.

Capital Retention Planning Concepts and establishing an income you cannot outlive with a SPIA

FFC Home Page

Role of Coach & Mentor

Knowing What We Want

About Robert Fulton

Mission Statement

Model Client Profile

Resume of Robert Fulton

Fulton's Core Theme

So Why Am I Different?

About Fulton Financial

FFC is Not a Fiduciary

Corp Purpose & Objectives

History of FFC

Financial Products

FFC Bus Continuation Plan

Contact Us

Understanding The Website

Your New Vocabulary Words

How to Navigate Website

Purposes of Website

Construction of Site

Disclaimer / Caveats

Glossaries of Terms

About Financial Planning

The $ Planner is YOU! 4 U

Retirement Strategies

Financial Planning Terms

Investing Terminology

Rubik's Cube Plan Design

Long Term Care $ Funding

Understanding Risk

Code of Ethics

Education: CLU ChFC CFP

Questions and Answers

Annuities Explained

Definition & Basics

Types of Annuities

Q and A Session

FIA's Explained in Detail

Terms 4 Indexed Annuities

Life Insurance Options

Term Life Insurance

Whole Life Insurance

Indexed Universal Life

Variable Universal Life

Insurance Terms

Questions & Answers

Privacy Policy

Robert's Blog

Restricted Access Area

Life on Whidbey Island

Motorcycling

Fishing

Sailing

Flying

Oyster Gardening

 
Terms for FIA's Fixed Indexed Annuities: To Serve as a Reminder for those who own them.
Terms for FIA’s (Fixed Index Annuities)         
Summary:
 
This page is for those clients who already own Indexed Annuities and need a reminder about the terms used with them.
FIA: Fixed Index Annuity
Index:
Anniversary Date:
Point to Point:
Starting Point:
Ending Point:
CAP:  Is the maximum rate of interest credited to values under a specific  indexed strategy.
Floor: This is the lowest rate you can earn in a specific indexed strategy which is usually zero. Which is a real blessing in declining markets.
Participation Rate:
Multi Strategy:  There are several buckets (sub accounts if you will) that you allocate you funds into.
Declared Rate Strategy:  At your anniversary date you can elect to move part or all of your money to a bucket call “Declared Rate Strategy” a published rate good for one year offered on your renewal letter.
Monthly Cap Strategy:  Strategy that earns interest on an annual basis by comparing the monthly changes in the S&P Index. (This strategy is not currently promoted by Robert Fulton.
 
S&P Index:
 
 
Single Premium:
Flexible Premium:
Clean of Administrative Expenses:
Premium Enhancement:
 
Surrender Charge:
Contract Year:
Contract Date:
 
Waiver of Surrender Charge:
10% Annual Free Withdrawal:
 
Tax Deferral of Profits:
 
Annual Statement:
 
 
Renewal Letter:
If you wish to review extreme basics about the types of Annuities in general, including definitions, and terminology go to the page to the page entitled “ Annuities Explained.” Italicized means to hyperlink it.

This Site is Not Tax or Legal Advice. Always consult Legal Counsel and Your Tax Advisor. Content of website are the sole opinions of Robert Fulton & does not necessarily reflect those of any financial product or program providers. Robert's ideas are shared and published as accurately as possible, but still on a "best efforts basis" and subject to change without notice. Therefore please discuss any decision making specifics with Robert Fulton at 206-240-2267 beforehand.