• 15-Minute Article
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  • Apr 15, 2024

Important Terms to Know About Registered Index-Linked Annuities

Learning some of the common words used to talk about RILAs can help you better understand the investment option.

Questions this article can help you answer:
  • What are other names for a registered index-linked annuity (RILA)?
  • How do financial services companies refer to the various features of a RILA?
  • What are the most important features of a RILA?

This list of annuity terms can help you better navigate the world of registered index-linked annuities (RILAs). Industry sources and other financial services companies may use different terms to describe the same benefits or features. Even the name of the annuity type has variations. Some companies use registered index-linked annuity, while others use buffered, index-linked, or structured annuity. This dictionary can help you better understand RILAs as well as many of the key words and phrases you may see as you discuss with your financial professional whether this type of annuity is suitable for a portion of your portfolio.