Traditional Fixed Annuities have been used for safety/yield for decades. For many clients, these guaranteed interest rates are simply too low.
Where can your clients turn to for this same downside protection, but with higher upside potential? → Fixed Index Annuities (FIAs).
How do these FIAs differ from your traditional fixed annuity?
- Options for single or flexible premium payment
- More upside potential via a capped or uncapped index-based crediting strategy (4%-6%)
- Many options offer 10% Free Withdrawal in Year 1
- Ability to add Guaranteed Lifetime Income Rider
- Ability to add Enhanced Death Benefit
If you have any clients that you think could benefit from a FIA, give Steve Dunn a call today at 973-435-3784!
To see a fixed index annuity illustration, e-mail the following details to sdunn@madisonbrokerage.com:
- Client name:
- DOB:
- Premium:
- Qualified/NQ:
