Equity Fixed Annuities provide benefits that are linked to which of the following?

Equity Fixed Annuities offer benefits that are tied to the performance of external stock or bond indices. This means that the returns on these annuities are not fixed in the traditional sense, but rather they are linked to the movements of specified external indices, such as the S&P 500. This allows for the potential of higher returns compared to traditional fixed annuities, which only provide predetermined interest rates.

By linking the benefits to these indices, annuity holders can participate in market gains while having a level of protection against loss, typically through a guaranteed minimum return. This aspect appeals to individuals seeking both growth potential and security within their retirement savings.

In contrast, benefits related to government bonds, fixed interest rates, or real estate investments do not accurately embody the nature of Equity Fixed Annuities, as they focus primarily on market index performance.