Presented by Richard Mangiameli   Fixed Index Annuities are celebrating their 20^th anniversary.  The first index annuity came out in 1995, and by 1997 there were over three dozen life insurance companies that created their own variation.  Over this time frame, more than $400 Billion has been used to purchase this powerful planning product. Even today you will hear clients asking about the Hybrid Fixed Annuity.  When we hear “Hybrid” we associate that with a lot of different products – we mostly hear it in the automobile industry.  But today in the insurance and financial planning industry, many agents are being asked by their prospective clients about the “Hybrid” annuity, and that prospect or client is asking about the Fixed Index Annuity.  What they hear and read is about “hybrid index strategies/indices” and the “hybrid income riders”. It’s time to brush up on your knowledge of Fixed Index Annuities – the Hybrid Fixed Index Annuity! For more information, give Richard Mangiameli, LUTCF, FSS of Financial Brokerage a call at 800-397-9999.