What’s An Income Rider And Do I Need One?

What’s An Income Rider And Do I Need One?

If there is a recent feature for annuity products that has completely taken the market by storm, that feature is the income rider. If you’re planning to take advantage of an indexed annuity, an income rider is a great way to set up a stream of income for you to supplement your retirement income. There are many different ways to structure the addition of an income rider to your quote. For example, you could set the income stream to turn on at a particular age, or you could see what it would look… Share this
Is A Fixed Index Annuity Right For You?

Is A Fixed Index Annuity Right For You?

If you had any money invested in the stock market, it shouldn’t surprise you that market volatility is a serious issue for anyone nearing retirement age. Although there’s the potential for some serious upside with your investments in the stock market, there’s also the potential for some dangerous downside they can obliterate the savings you’ve worked so hard to build. Especially if you were hit in the most recent market crash, you might be hesitant about pouring anymore of your money into such a risky location. The good news is that there’s a… Share this
Is A Variable Annuity Right For Me?

Is A Variable Annuity Right For Me?

There are disadvantages and advantages to owning a variable annuity. It’s certainly not right for every buyer, but you might find that a variable annuity is the perfect purchase for you. Take a look at the pros and cons of owning a variable annuity. To start with, a fixed annuity only offers limited investment options, while a variable annuity puts the owner and more control. The investment growth is tax-deferred, and the proceeds to a beneficiary that you designate are exempted from the probate process. In certain situations, the proceeds can be exempted… Share this
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