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Equity Indexed Annuities are Fixed Indexed Annuities. Indexed Annuities are Fixed Index Annuities. An Index Annuity Is A Fixed Annuity. Equity Index Annuities are Indexed Annuities. Equity Index Annuities with no cap or upper limit are best for indexed annuity buyers. Fixed index annuities with a cap interest method are sold by most equity indexed annuity agents. We want to beat our competition by offering fixed index annuities best for you. No caps or index gain limit.