Tax friendly way to grow funds over time
Bringing annuities to your clients can help them solve their planning issues for retirement. Used as a retirement income vehicle, annuities can be a tax friendly way to grow funds over time and meet your client’s needs for financial planning purposes. Here’s a basic overview of annuities.
There are several types of annuities, but the three most common ones are:
Fixed and Indexed Annuities: These annuities provide growth based on either a fixed interest rate or on the performance of a index, often the Dow, NASDQ or S&P 5600. With a life and health insurance license you can get appointed and trained to offer fixed annuities or you can work with a subject matter expert (SME) who will work with you and your client to review the options and complete the application. You share in the success through referral fees.