Top Fixed, Indexed And Income Generating Annuities

Top Fixed, Indexed And Income Generating Annuities

We are off to its’ best year ever with annuity sales – and while it’s early in the year, there are no signs of clients getting tired of the guarantees the products provide. Are you getting your fair share of the annuity boom? See below for the top products sorted by fixed, index and income planning products – and contact us for assistance with selecting the best one or two to implement into your practice today.

Top Fixed Multiyear Guarantee Annuities:

Duration

Rate

Issue Ages

AM Best

3 year

2.10%

0 – 90

B++

4 year

2.55%

0 – 100

B+

5 year

3.15%

0 – 90

B++

6 year

3.05%

0 – 85

A-

7 year

3.30%

0 – 85

A-

8 year

3.05%

0 – 90

A+

9 year

3.20%

0 – 90

A+

10 year

3.30%

0 – 90

A+

 

Top Index Annuities for Accumulation:

6 Year Products:

  • Best Cap = S&P 500 Annual Point to Point with 5.00% cap with an AM Best A rated carrier
  • Best Participation Rate =  S&P 500 Annual Point to Point with 40% participation rate, no cap with an A rated carrier

7 Year Products:

  • Best Spread = Merrill Lynch Strategic Balance Index 2 Year Point to Point with 1.25% spread with an A rated carrier
  • Best Participation Rate = Goldman Sachs Momentum Builder Index 3 Year Point to Point with 100% participation rate with an A+ rated carrier

8 Year Products:

  • Best Cap = S&P 500 Annual Point to Point with 7.50% cap with an A rated carrier

10 Year Products:

  • Best Spread = Merrill Lynch Strategic Balance Index 2 Year Point to Point with 1.90% spread with an A rated carrier
  • Best Participation Rate = Goldman Sachs Momentum Builder Index 3 Year Point to Point with 120% participation rate with an A+ rated carrier

Top Income Planning Index Annuities:

Short Term Income Planning With 1 – 3 Year Deferral:

Income Option 1 – If you have a client looking to draw income in the first 3 years of the policy, contact us today to learn how they can receive up to a 50% bonus for income planning purposes on a 10 year index annuity that pays a 7% commission.

Income Planning With 4 – 9 Year Deferral:

The 9% simple income rider on one of our AM Best, A rated carrier’s index annuities is running the table for designs where clients need to hold their asset for 3 – 9 years prior to taking income.  This policy passes on 9% growth on the income account each year, making it a must have in any advisors product offering portfolio.

Income Planning With 10 Year+ Deferral:

Clients with a 10 year window prior to accessing income are few and far between.  But we find most of these clients are younger with a 30+ year retirement on the horizon, exposing them to potentially losing purchasing power due to inflationary risk.  Contact us to learn how your client can get a raise in income every year their index is up, for the rest of their life.

For complete details on these great product offerings and to discuss how we can take the next steps to help grow your practice in 2016, contact your Annuity Sales Rep today.