Almost half way through 2016 and CPS is on a record pace for annuity sales. See below for highlights of the annuity contracts we are seeing the most success with.
CD Alternatives – Multi-Year Guarantee Annuities
With Bank CDs in the 1.60% range, fixed annuities can make a lot of sense for clients seeking better fixed yields:
3 year = 2.00% 5 year = 3.20% 7 year = 3.29%
4 year = 2.55% 6 year = 3.22% 10 year = 3.50%
Index Annuities for Accumulation:
If your client has a 5-year time horizon for deferral or longer, index annuities provide a great way to beat fixed rates by linking account credits to a market index. Below are the top index annuities for accumulation:
5 Year Accumulation Option 1:
- S&P500 Annual Point to Point cap of 5.25% – the top cap for a short term index annuity in the industry
7 Year Accumulation Option 1:
- Dynamic Index with no cap and 1.60% spread with 100% participation rate
- Back tested yields of 4.00% – 9.00% depending on the time horizon illustrated
- 4% commission for most ages
7 Year Accumulation Option 2:
- Simple annual point to point with cap of 5.25%
- Back tested yields of 3.20% – 3.70% depending on the time horizon illustrated
- 4.50% commission for most ages
10 Year Accumulation Option 1:
- Dynamic Index with no cap and 2.30% spread with 100% participation rate
- Back tested yields of 4.00% – 9.00% depending on the time horizon illustrated
- 3% premium bonus
- 7% commission for most ages
Top Income Planning Annuities:
Top Income Riders:
- 10% simple interest growth and 15% bonus – limited time only, call for details
- 15% bonus and 150% participation rate with increasing income
Contact us today for details on these great product offerings, and to discuss how we can take the next steps to help grow your practice.