The Texas Index-Linked Crediting Features Checklist is an important tool used by financial advisors and institutions in Texas to help evaluate the features of indexed-linked annuities. The checklist covers various aspects of indexed-linked annuities, including index-linked crediting methods, caps, participation rates, minimum and maximum index values, surrender periods, and other features. It is important to understand the implications of each of these factors when considering an indexed-linked annuity. The Texas Index-Linked Crediting Features Checklist includes four main types of indexed-linked crediting features: 1. Point-to-Point: This type of crediting feature locks in an interest rate for a specified period of time, regardless of market fluctuations. 2. Annual Reset: This type of crediting feature resets the interest rate annually based on the performance of the associated index. 3. Monthly Average: This type of crediting feature calculates the sum of the monthly index values and divides it by the number of months in the period. 4. Monthly High-Water Mark: This type of crediting feature pays the highest monthly index value during the period. The Texas Index-Linked Crediting Features Checklist also covers factors such as caps, participation rates, minimum and maximum index values, surrender periods, and other features. It is important to understand the implications of each of these factors when considering an indexed-linked annuity.