I would like to wish everyone a Merry Christmas and Happy New Year! We have observed many positive rate changes throughout 2022, and a lot of you helped your clients take advantage of the higher safe rates, including the Fixed Indexed Annuities. I want to also thank everyone for helping make 2022 a great year through your support and business. I leave you with a few ideas as to why annuities should be part of your game plan when helping every client.
Safety-The number one thing about the annuities we offer is they are safe. They don’t go backwards and lose money if there is a market adjustment.
Deferring Taxes-Fixed and Fixed Indexed annuities we offer defer taxes and help money grow until the time the money is removed. Unlike a bank CD that generates a 1099 on the growth at the end of every year causing a tax bill, these annuities can defer the tax and keep generating more growth.
Income-An annuity can generate an income in a few different ways. You could set the annuity up to pay an income immediately or at a future date. You could also set the income up for a certain period or maybe even a lifetime.
Happy Holidays and let me know how I can help with all of your retirement planning.
Thanks Scott Sandquist