Your rate of return is calculated based on the accumulation value, not the income value. It’s a fictional number which you can’t withdraw lump sum, transfer out, or live on the interest. The 7-9% refers to an income rider roll-up rate. You don’t earn a guaranteed 7%-9% return when CD’s, bonds, and fixed income earn less than 4%. “Earn a guaranteed 7-9% returns.” False.HOW AN INSURANCE AGENT MIGHT TRY TO SELL YOU AN INDEX ANNUITY Bonus Tip - Watch our video titled " The 7 Biggest Mistakes Consumers Make When Buying An Annuity & How To Avoid Them".The indexes available for the product are listed below. It’s also a good idea to lock in the indexes at different times. Diversify your index annuity into a variety of indexes. Established indexes are safer and more likely to generate better returns. These fancy new indexes have not been tested in the real world. Be extremely careful with custom or proprietary indexes because you don't know the underlying holdings.We can rank 150+ income riders and show you which products guarantee the most retirement income. If you are looking for the most retirement income, request an income later quote. If you don’t need income later, DO NOT pay for an income rider. The fees are taken out of your account value. Income riders cost real money and lower your principal balance.Book a 15-minute phone call with one of our specialists, and they can help. Uncapped annuities have spreads or participation rates that limit their upside potential. Some index annuities have caps that limit their gains.Know the worst-and best-case scenarios because you are likely to earn something in the middle. You should also request a proposal for the worst-case scenario. Has an insurance agent sent you a proposal that seems “too good to be true?” Hypothetical illustrations are often the best-case scenario.If a company pays a bonus, they typically take away some of the upside potential by lowering the cap. Do not buy an annuity solely for the bonus.Looking for the highest guaranteed returns? Check out the highest fixed annuity (MYGA) rates. Studies have shown the returns of MYGA’s and index annuities to be similar. an index annuity where you might earn 1-3% more per year. You might be better off in a MYGA with a pre-determined rate of return vs.Do not trust anyone that tells you otherwise. You earn a fixed-income type of returns, not market-like returns. It does NOT compete with the stock market. The Retirement Plus Multiplier 10 competes with bank CDs, bonds, and other fixed-income products.Want our recommendation? Request a index annuity quote. Participation rates, spreads, and crediting rates can be changed without your permission.
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