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The result is a greater potential. An indexed annuity is a contract issued and. Web an index annuity is an annuity whose rate of return is based on a stock market index, such as the s&p 500. Web indexed annuity crediting method components. Before diving into the crediting methods, it’s good to know their. Web indexes are unmanaged. Web indexed annuities return cash flows linked to the performance of an equity index, such as the s&p 500 index, but with. It is not possible to invest directly in an index.