All annuities have three primary financial advantages... do you know what they are?

Posted by Nickelle Leist on Wed, Aug 25, 2010 @ 10:02 AM

All annuities have three primary financial advantages:

1. Tax Deferral – why pay taxes now if you’re not using the money?  Make current federal income tax laws work for you and let your money grow tax deferred in an annuity.
2. Guaranteed Income – Create a guaranteed stream of income for a fixed period of time or for one or more person’s lifetime.
3. Avoids Probate – An annuity with a named individual as the beneficiary, who is living at the time of the owner’s death, can avoid probate.

What Your Clients Are Asking For…  And A Solution Using Annuities

Guaranteed interest => Traditional Fixed Annuity

Greater upside potential but needed downside protection => Indexed Annuity

To convert accumulated wealth into a guaranteed income stream => Income Annuity

Make up money lost in the market downturn paired with Guarantees => Bonus Indexed Annuity

To leverage money inside a savings account, CD, Non-Qualified Annuity for Long Term Care => Linked Benefit Annuity