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SPIAs HAVE NO LIQUIDITY - A HUGE MYTH STILL EXISTS Not only can a SPIA offer a liquidity feature, often called a commutation, but the SPIA will return to full payment after the commutation period if the annuitant is still alive! That is a Non-Lapsable lifetime income available on the Single Premium Immediate Annuity (SPIA) Check out my videos on liquidity in SPIA on my YouTube channel: http://youtube.com/@annuityexperts LinkedIn - https://linkedin.com/in/jeff-affronti-a1551834/ Instagram - https://instagram.com/annuityexperts/ Rumble - https://rumble.com/c/c-1096761 Facebook - https://facebook.com/annuityexperts #annuitymarketing #MYGA #mygarate #SPIA #SPIAquotes #insurance #clientoriented #fixedannuity #deferredannuity #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #savingsrate #fsdfinancial #annuitycommission #annuityexperts #immediateannuities

$500,000 Lifetime annuity income with money back guarantee. It's called an Installment Refund option! With this SPIA option, clients receive guaranteed income during their lifetime. If the client passes away before the total income paid equals the initial premium, the beneficiary will continue to receive income payments until the amount matches the initial premium. 🔔 Follow on social media accounts for more great content! X - https://x.com/mrfixedannuity YouTube - https://youtube.com/@annuityexperts Rumble - https://rumble.com/c/c-1096761 #annuitymarketing #MYGA #mygarate #SPIA #SPIAquotes #insurance #clientoriented #fixedannuity #deferredannuity #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #savingsrate #fsdfinancial #annuitycommission #annuityexperts #immediateannuitiesIMPORTANT INFORMATION This material is for informational, educational & entertainment purposes. It is not a recommendation to buy, sell, hold or rollover any asset. It does not take into account the specific financial situation, investment objectives, or insurance need of an individual person. Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty. Surrender charges may also apply for early or excess withdrawals. All guarantees are backed by the claims-paying ability of the issuer. Products are available only in all states where approved. Please note that most SPIA quote rates are valid for 7 days.

With this SPIA option, clients receive guaranteed income during their lifetime. If the client passes away before the total income paid equals the initial premium, the beneficiary will continue to receive income payments until the amount matches the initial premium. 🔔 Follow on social media accounts for more great content! X - https://x.com/mrfixedannuity YouTube - https://youtube.com/@annuityexperts Rumble - https://rumble.com/c/c-1096761 #annuitymarketing #MYGA #mygarate #SPIA #SPIAquotes #insurance #clientoriented #fixedannuity #deferredannuity #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #savingsrate #fsdfinancial #annuitycommission #annuityexperts #immediateannuitiesIMPORTANT INFORMATION This material is for informational, educational & entertainment purposes. It is not a recommendation to buy, sell, hold or rollover any asset. It does not take into account the specific financial situation, investment objectives, or insurance need of an individual person. Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty. Surrender charges may also apply for early or excess withdrawals. All guarantees are backed by the claims-paying ability of the issuer. Products are available only in all states where approved. Please note that most SPIA quote rates are valid for 7 days.

The Walk-Away Annuity This is a term used to describe an annuity contract which has a limited early withdrawal penalty period. Usually matching the interest rate guarantee period on a deferred annuity.

5 reasons the Split Annuity is used! I review the Combo Split Annuity! How it works Why it is used Why non-qualified after tax premiums are ideal Allocate (x) to MYGA for (x) years at (x) interest rate Allocate (x) to SPIA for (x) years for (x) income 🔔 Follow my social media accounts for more great content! YouTube - https://www.youtube.com/@annuityexperts X - https://twitter.com/MrFixedAnnuity #jeffaffronti #annuityexperts #annuity #annuityquotes #annuitymarketing #mygarates #insurance #clientoriented #fixedannuity #deferredannuity #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #bankrates #savingsrate #fsdfinancial #financialplanning #agourahillsannuity #annuitycommission #annuityexperts #taxdeferred #californiaannuity #cdrates #retirementplanning #GuaranteedLifetimeIncome

$500,000 Split Annuity for August 2024 (100% Cost basis | NQ) 0:06 MYGA/SPIA rates getting slashed! 0:34 (B++) Rated Split SPIA Premium $114,701.51 = $2,110.11 monthly (90.6% tax exclusion) MYGA Premium $385,298.49 @ 5.35% = $500,000 after 5 years 1:28 (A-) Rated Split SPIA Premium $113,785.00 = $2,103.88 monthly (90.1% tax exclusion) MYGA Premium $386,215.00 @ 5.30% = $500,000 after 5 years 3:04 Closing THE BASICS OF A COMBO/SPLIT ANNUITY https://youtu.be/xIyTc8HQzxQ See Past Split Annuity Pricing videos below: https://youtu.be/tvEc17QilGU?si=OLpV-LKwhXo0HqAG https://youtu.be/ffbbVopcQOc?si=_4o5LJtWuso3rn0L https://youtu.be/7YQ3H8-1bpw?si=XQFppOSxPJCzWbAs https://youtu.be/6n6Bn9BVgCI?si=QIvjUHWghyDLoQ1x #SPIA #immediateannuities #annuitymarketing #annuityrates #annuityincome #fixedannuities #Cashrefund #jointlife #jeffaffronti #annuityexperts #splitannuity #comboannuity #MYGAnnuity #Multiyearguaranteeannuity #mygarates #MYGA #deferredannuities #spiaquote #periodcertain #Taxexclusionratio This material is for informational, educational & entertainment purposes. It is not a recommendation to buy, sell, hold or rollover any asset. It does not take into account the specific financial situation, investment objectives, or insurance need of an individual person. Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty. Surrender charges may also apply for early or excess withdrawals. All guarantees are backed by the claims-paying ability of the issuer. Products are available only in all states where approved. Please note that most SPIA quote rates are valid for 7 days.

Watch: https://youtu.be/iqqaP7yrKFc 0:39 - Intro 1:25 - Walk Away: Ends after initial term. This is the cleanest surrender charge penalty. Offer the client time to make decisions. (Advantage to owner) 2:17 - Continuing: A limited surrender term that may be broken up into an initial term and a continuation term. (Advantage to insurance company to maintain premiums, advantage to owner with limitation on penalty period) 3:52 - Repeating / Recurring: Forever surrender charges broken up into matching terms based on initial selection. (Advantage insurance company) 4:53 - Conclusion/Review 6.43 - Disclosures 6:57 - Closing 💻 Follow my social media accounts for more great content! Rumble - https://rumble.com/c/c-1096761 YouTube - https://www.youtube.com/@annuityexperts X - https://twitter.com/MrFixedAnnuity #annuitymarketing #MYGA #mygarate #SPIA #SPIAquotes #insurance #clientoriented #fixedannuity #deferredannuity #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #savingsrate #fsdfinancial #annuitycommission #annuityexperts #immediateannuities #surrendercharge #walk-Away

Hello Agents, hello everyone welcome to the fixed annuity weekly update: 📢 Fixed Annuity Weekly Update 7-19-24! 📉 Big interest rate decreases happening now! 0:25 - MYGA rate decrease by 0.35% on this product 1:00 - Still available 5.40% with 3% commission (hurry) 2:05 - Annuity Income SPIAquote .com 2:46 - My favorite MYGA just DROPPED RATES! 4:17 - Agent Bonus 4:33 - Women worry more than men LONGEVITY 5:45 - 5 Reason Fixed Indexed Annuities (FIA) 8:30 - Equitrust gets a rating upgrade 8:48 - Closing Women worry more than men about outliving savings Link: https://finance.yahoo.com/news/women-worry-more-than-men-about-outliving-their-retirement-savings-should-they-133005887.html Equitrust S&P Link: https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3216168 🔔 Follow my social media accounts for more great content! Rumble - https://rumble.com/c/c-1096761 YouTube - https://www.youtube.com/@annuityexperts X - https://twitter.com/MrFixedAnnuity #annuitymarketing #MYGA #mygarate #SPIA #SPIAquotes #insurance #clientoriented #fixedannuity #deferredannuity #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #savingsrate #fsdfinancial #annuitycommission #annuityexperts #immediateannuities

Cost to fund a Single Premium Immediate Annuity (SPIA) has reduced from January! Medium pricing adjustment for May! The cost to fund a guaranteed lifetime income of $3,333.34 every month just became more expensive. Examples: $40,000 per year paid monthly with 100% of initial premium deposit guaranteed to be returned in the event of early death. See samples for males and females ages 55, 60, 65, 70 and 75. The income starts 1 month after the company receives the money. Past Videos on $40K Income Costs January 2024 pricing video - https://youtu.be/gMngWtLAvRc August 2023 pricing video - https://youtu.be/hP9K3ghofM0 2022 pricing video - https://youtu.be/fSH6CyNBp0g Life with installment refund guarantees for as long as alive. If death happens before the total payments equal the initial premium deposit, the company will continue to pay a beneficiary until the payments do equal the initial premium. Basically, if the owners dies the insurance company does NOT keep any of the initial premium that may be remaining, it goes direct to the named beneficiary(ies). Exclusion ratio on Non-Qualified funds only. Quoted exclusions assume 100% of the premium is cost basis, after tax funds. 1035 exchanges may have a lower cost basis. Traditional qualified funds such as IRAs will be 100% taxable in most cases. Rates illustrated subject to and will change, as we can see from last years pricing. So these rates could go down or up based on the current rate environment. Video quotes based on rates effective 05/02/2024. Most rates will be valid for 7 days after quoted. Pricing can vary in states with a premium tax. #immediateannuities #SPIAquotes #insurance #lifetimeincome #incomeforlife #longevityprotection IMPORTANT INFORMATIONThis material is for informational or educational purposes & is not a recommendation to buy, sell, hold or rollover any asset. It does not take into account the specific financial situation, investment objectives, or need of an individual person. Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty. Surrender charges may also apply. All guarantees are backed by the claims-paying ability of the issuer. Available in jurisdictions where approved.

The Ultimate Annuity Comparison MYGA vs SPIA. How will a Fixed Indexed Annuity compare to a MYGA over time in a high interest rate environment? 7 Year case study Nov 2023-2030 of 2 fixed annuities purchased in November of 2023. A time when interest rates and indexed caps were at or near 20 year highs. THE FIA S&P 500 Index 100% Participation Rate 11.00% CAP (guaranteed for 7 year term) Annual Reset Annual Point to Point THE MYGA 6.00% Interest Rate (APY) Compounding Interest PREMIUM $11,168.00 each.

Benchmark rates are down over 11% in just 2 weeks. Insurance companies are responding with quick and substantial interest rate DECREASES! The top rate of 6.15% is dropping a whopping 0.35% to a mere 5.80%!! Other companies have also reduced rates by anywhere from 0.10% to 0.50%! Still available are rates on 5 and 6 year terms 6.00% based on premiums of $250,000+ and 5.90% based on premiums from $10,000 to $249,999.99 with an (A-) rated company. Many companies will meet net week to set rates, so if you have any business to write now may be the time. #annuitymarketing #incomeforlife #mygarates #insurance #lifeinsurance #fixedannuity #financialservicesdivision #spiaquote #immediateannuities #annuityincome #clientoriented #retirementincome #annuity #annuityquotes #fixedannuities #deferredannuities #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #lifetimeincome #fsdfinancial #financialplanning #indexedannuity #indexannuity #FIA #withdrawalbenefit #annuityrates #agourahillsannuity #annuitycommission #annuityexperts #taxdeferred #guaranteedincomeannuity #clientoriented #bestinterest #lifetimeincome #4percentrule #fourpercentrule #costoflivingadjustment #COLA #SPIA #immediateannuities #annuitymarketing #annuityrates #incomeforlife #inflationprotection #fixedannuities #cashrefundannuity #noloadannuity #ria #imo #annuitycommission #jeffaffronti #annuityexperts

Fixed Annuity rates are at a level we have not seen since 2007 and seem to be increasing regularly. The increased rates will allow for better returns and allow the use of higher quality, more client friendly products. -1: Much Higher Interest Rates (obviously) Interest rates are at highs not seen in nearly 20 years. 2 – 10 year rates are 5% or higher with a 6% 10 year. Look for more 6% rates if the benchmarks keep increasing. -2: Higher Rated Carriers Are Very Competitive Now clients can use carriers in (A- / A+) rated category with rates nearly equal too, or better than the (B+ / B++) rated category carriers. -3: Client Friendly Features Included When rates were at historic lows, carriers had to get creative to help yield. Some carriers created "enhanced rate" MYGA products with zero features. No free withdrawals, waivers, repeating surrender charges, and even a surrender charge on lump sum death distributions. NO LONGER! Now clients can get all those features and the most competitive rates. -4: FIA Simple crediting methods and higher CAPS (Fixed Indexed Annuity) Higher rates equal higher caps on the traditional crediting methods. Annual reset, Annual Lock-in and the Pt 2 Pt Cap are now very competitive with some caps even guaranteed for the entire term at 10%+. If you thought a 6% was nice let us see how much higher they can get ending 2023. -5: SPIA Lifetime Income (Single Premium Immediate Annuity) Lifetime income rates are up HUGE! Life and 10 Year certain for a male age 65 with $100,000 in April 2022 was getting $562.76 monthly. Oct. 2023 that income is $647.61 monthly. That is a 15% increase, an extra $1,018 annually, 1.02% of premium! A 70 year old was getting $648 in 2022! #annuitymarketing #incomeforlife #mygarates #insurance #lifeinsurance #fixedannuity #financialservicesdivision #spiaquote #immediateannuities #annuityincome #clientoriented #retirementincome #fixedannuities #deferredannuities #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #lifetimeincome #fsdfinancial #financialplanning #indexedannuity #indexannuity #FIA #withdrawalbenefit #annuityrates #agourahillsannuity #annuitycommission #annuityexperts #taxdeferred #guaranteedincomeannuity #clientoriented #bestinterest #lifetimeincome #4percentrule #fourpercentrule #costoflivingadjustment #COLA #SPIA #immediateannuities #annuitymarketing #annuityrates #incomeforlife

Fixed Annuity | Lump sum withdrawal options contractually exempt from surrender penalties. Interest Only Lump sum, usually based on the current accumulation value earned since the last anniversary. Systematic withdrawals of interest as earned. Usually based on the current accumulation value. Usually taken monthly or annually. Cumulative Interest Only The ability to withdraw all interest earned since policy issued. 10 year contract in 5th year can take 5 years of interest. Lump Sum Based On A Percentage Commonly seen as a 10% Annual Free Withdrawal (However, 15% annually does exist) Often Based on current accumulation value. Can be limited to the value as of the last anniversary. Can be based on the initial premium at time of issue Can have a cumulative feature. If not used in a previous year, the 10% can be accumulate to 20%. Basically getting to use the unused amount in a past year. Usually capped from 20% to 50%. (RMD) Required Minimum Distribution Often referred to as RMD friendly, this is the ability to withdraw the RMD without penalty even if the RMD amount exceeds the free withdrawal provision allowed in the contract. Can not be combined with the other withdrawal provisions. So, in a 10% free withdrawal contract, if RMD is 4%can not also take 10% = 14%, but can take the remain 6% of the 10%. Fixed Annuity | Free Withdrawal Limitations. All can be limited by the contract language. Minimum withdrawal amount, from $100 to $1,000 Limited amounts of withdrawals, only a certain number of requests per year, example 2 per year. Allowed by current company practice. This where the contract is not clear or does not allow withdrawals but the carrier is allowing the feature currently. This can change base on the company at will. Company illustration can do a terrible job showing the withdrawals, if they do at all. This is why the contract language is the best place to find the free withdrawal provision features. BE AWARE: If a full surrender or more than the free amount is withdrawn, some carriers will impose a surrender charge on entire withdrawal. Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty. 🔔 Follow our social media accounts for more great content! YouTube - https://www.youtube.com/@annuityexperts LinkedIn - https://www.linkedin.com/in/jeff-affronti-a1551834/ Facebook - https://www.facebook.com/annuityexperts/videos/ Instagram - https://www.instagram.com/annuityexperts/ Twitter - https://twitter.com/MrFixedAnnuity Rumble - https://rumble.com/c/c-1096761 IMPORTANT INFORMATIONThis material is for informational or educational purposes & is not a recommendation to buy, sell, hold or rollover any asset. It does not take into account the specific financial situation, investment objectives, or need of an individual person. Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty. Surrender charges may also apply. All guarantees are backed by the claims-paying ability of the issuer. Available in jurisdictions where approved. #annuitymarketing #mygarates #insurance #clientoriented #fixedannuity #deferredannuity #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #bankrates #savingsrate #fsdfinancial #financialplanning #agourahillsannuity #annuitycommission #annuityexperts #taxdeferred #californiaannuity #cdrates #retirementplanning #GuaranteedLifetimeIncome #annuitywithdrawals

AGENTS: $500,000 Premium | 5 Year Combo/Split Annuity | Non-Qualified SPIA - Immediate Annuity Premium = $117,432.82 MYGA - Multi Year Guarantee Premium = $382,567.18 SPIA Income= $2,160.40 monthly for 60 months (90.59% Exclusion Ratio) MYGA Interest Rate = 5.50% for 5 years After 5 Years: Immediate Annuity paid out $129,624.00 MYG Annuity has grown back to $500,0000 Be Aware: MYGA is a recurring surrender charge with a 30 day exit window. Not available in all states! Rates as of 8-22-2023 and subject to change. Rates subject to change! Withdrawals may be subject to ordinary income taxes and, if prior to age 59½, may be subject to a 10% IRS penalty; Surrender charges may also apply. All guarantees are backed by the claims-paying ability of the issuer. Available in jurisdictions where approved. Secure Your Clients Financial Present and Future with the Power of Split Annuity Strategy! Are you looking for a reliable financial solution that provides income both now and later? Look no further than the split annuity strategy, a smart choice for your financial planning. By opting for a split annuity, you not only enjoy immediate income but also benefit from guaranteed principal return and tax deferral advantages. Here's how the split annuity strategy works to maximize your financial gains: 1. Tailored to Your Needs: You begin by determining your desired income duration and then purchase two annuities—a immediate annuity and a deferred annuity. 2. Immediate Income: The immediate annuity starts providing you with regular income payments right away for a designated time period. This ensures that you have a steady stream of income to meet your present financial needs. 3. Future Security: Meanwhile, the deferred annuity grows back to its original premium amount, acting as a secure nest egg for your future. By benefiting from tax deferral, your money has the potential to grow even more over time. 4. Perfectly Aligned Durations: The duration of the immediate annuity matches the duration of the deferred annuity. Whether you prefer monthly, quarterly, semiannual, or annual payments, you have the flexibility to choose the frequency that suits your lifestyle and financial goals. 5. Expertly Determined Split: The division between the two annuities is determined for you, taking into account the duration you select and the current rates. This ensures an optimized allocation that maximizes your financial gains. Unlock the Power of Two Fixed Annuities: By embracing the split annuity strategy, you gain access to the exceptional benefits offered by two fixed annuities: 1. Income: a single-premium immediate annuity, you can convert a portion of your premium into a guaranteed stream of predictable, tax-advantaged income payments. Choose from fixed period, single life, and joint payment options to customize your plan according to your unique needs. 2. Accumulation: multi-year rate guarantee periods up to 10 years, a single-premium deferred annuity guarantees your annuity will grow—tax-deferred—to its original premium amount. Don't miss out on the incredible advantages of the split annuity strategy. Secure your financial present and future with guaranteed income, tax deferral, and the power of two fixed annuities. Contact me today to explore how this innovative approach can transform your financial journey. Note that states which charge premium tax, including CA, CO, ME, NV, SD, TX, and WY, will result in a lower monthly income. SPIA Quoted not approved NY 🔔 Follow our social media accounts for more great content! YouTube - https://www.youtube.com/@annuityexperts LinkedIn - https://www.linkedin.com/in/jeff-affronti-a1551834/ Facebook - https://www.facebook.com/annuityexperts/videos/ Instagram - https://www.instagram.com/annuityexperts/ Twitter - https://twitter.com/MrFixedAnnuity Rumble - https://rumble.com/c/c-1096761 IMPORTANT INFORMATIONThis material is for informational or educational purposes & is not a recommendation to buy, sell, hold or rollover any asset. It does not take into account the specific financial situation, investment objectives, or need of an individual person. Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty. Surrender charges may also apply. All guarantees are backed by the claims-paying ability of the issuer. Available in jurisdictions where approved.

LIFE AGENTS: Clients looking for guaranteed interest rates? Check out this 10 year at a guaranteed fixed interest rate of 6.00% for a full 10 years! AGENTS, if you can write fixed rate annuities with us, give me a call or shoot me message! Did you know your clients can earn 79.08% in 10 yeas when left to accumulate? That is right $100,000 can grow to $179,085 assuming no withdrawals are taken. Annually compounding rate grows crazy fast! If clients need withdrawals, they can take them monthly or annually as shown. Monthly income per $100,000 always based on days and interest earned: 31 day month = $496.09 x 7 = $3,472.63 30 day month = $480.09 x 4 = $1,920.35 28 day month = $448.08 x 1 = $448.08 Total annually= $5481 as illustrated!! Monthly payment can fluctuate based on the days between payments so the above is just a guide. The Total Annual will be accurate though. Annual income per $100,000 (after 1 year of course) $6,000 annually! EASY! 🔔 Follow our social media accounts for more great content! YouTube - https://lnkd.in/gnFpdNVw LinkedIn - https://lnkd.in/gdg27Det Facebook - https://lnkd.in/guVpzvmK Instagram - https://lnkd.in/gCjEqVk4 #mygarates #incomefromannuity #annuitywithdrawals #fixedannuity #deferredannuities #insurance #lifeagents #annuityexperts #jeffaffronti

Cost to fund SPIAs plummets! Huge pricing adjustments! How much would it cost to fund a lifetime income for $3,333.34 every month. $40,000 per year with 100% of initial premium deposit guaranteed to be returned in the event of early death. See samples for males and females ages 55, 60, 65, 70 and 75. The income starts 1 month after the company receives the money. 2022 pricing video - https://youtu.be/fSH6CyNBp0g Life with installment refund guarantees for as long as alive. If death happens before the total payments equal the initial premium deposit, the company will continue to pay a beneficiary until the payments do equal the initial premium. Basically, if the owners dies the insurance company does NOT keep any of the initial premium that may be remaining, it goes direct to the named beneficiary(ies). Exclusion ratio on Non-Qualified funds only. Quoted exclusions assume 100% of the premium is cost basis, after tax funds. 1035 exchanges may have a lower cost basis. Traditional qualified funds such as IRAs will be 100% taxable in most cases. Rates illustrated subject to and will change, as we can see from last years pricing. So these rates could go down or up based on the current rate environment. Video quotes based on rates effective 08/16/2023. Most rate will be valid for 7 days after quoted. Pricing can vary by states with a premium tax. #immediateannuities #SPIAquotes #insurance

A single life immediate annuity is an insurance product that provides a regular and consistent stream of income to an individual for the rest of their life. This type of annuity is often used as a retirement income strategy to ensure a steady source of income during retirement years. Here's how a single life immediate annuity generally works: Initial Investment: An individual provides a lump sum of money with an insurance company or a financial institution that offers immediate annuities. Payment Structure: In exchange for the lump sum, the insurance company agrees to make regular payments to the annuitant (the person named on the annuity contract) for the remainder of their life. These payments usually start immediately, 1 - 12 months after premium is received, hence the term "immediate annuity." Lifetime Income: The primary advantage of a single life immediate annuity is that it provides a guaranteed income for life, no matter how long the annuitant lives. This can be especially beneficial for retirees who want to ensure they won't outlive their retirement savings. Single life immediate annuities can be a suitable option for individuals who are primarily concerned about having a reliable income stream. Beneficiary payments will be limited to the period certain or refund guarantee period selected one the application. Below is a list of options offed on a single life immediate annuity. LIFE ONLY: All payments end at the death of the annuitant: LIFE with PERIOD CERTAIN: Payments will last for the LONGER of the period certain or the life of the annuitant: LIFE with INSTALLMENT REFUND: Payments will last for the LONGER of the life of the annuitant or the return of initial premium: LIFE with CASH REFUND: Payments will last for the life of the annuitant, if the annuitant dies before the initial premium is paid out, any remain premium will be paid to the named beneficary/ies in a lump sum: As with any financial decision, it's important to thoroughly understand the terms, potential benefits, and limitations of a single life immediate annuity before committing to it. #SPIA #immediateannuities #annuitymarketing #annuityrates #annuityincome #fixedannuities #jeffaffronti #annuityexperts #splitannuity #comboannuity #MYGAnnuity #Multiyearguaranteeannuity #mygarates #MYGA #deferredannuities #spiaquote #periodcertain #Taxexclusionratio #immediateannuities

LIFE AGENTS: Seeking to optimize your clients' Income NOW? Compare that income rider to the Single Premium Immediate Annuity (SPIA)! Most carriers are not mentioning this! Single Premium Immediate Annuity is back on top for Lifetime Income NOW Income now, look at the SPIA! Less premium for the same income. More income for the same premium. Stronger Guarantees - 20 Year Period certain Higher Rated Carriers A certain conglomerate recently advertised a 5.90% lifetime income offer at age 65. Curious, I delved into SPIA Life with a 20-year guarantee, yielding astonishing results in comparison: 👨 For gentlemen: 6.80% 👩 For ladies: 6.70% I shared my findings through a comment, complete with SPIA quote visuals, only to witness the company promptly remove it. Why the secrecy around SPIA? Could it be a reluctance to unveil this impressive option to potential clients? $$$ Agent you have to understand that most companies prefer to sell income rider over SPIA because of the profit margins. Those carriers do not have your clients best interest in mind, but you should. For lifetime income NOW please compare a SPIA to all other options before the client decides! IMPORTANT INFORMATIONThis material is for informational or educational purposes & is not a recommendation to buy, sell, hold or rollover any asset. It does not take into account the specific financial situation, investment objectives, or need of an individual person. Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty. Surrender charges may also apply. All guarantees are backed by the claims-paying ability of the issuer. Available in jurisdictions where approved. #immediateannuities #spiaquote #lifetimeincome #SPIA #insurance #periodcertain #longevityprotection

Single Premium Immediate Annuities For TWO LIVES! Joint & Survivor Lifetime Income Options Explained! It is a FIXED ANNUITY! A joint and survivor immediate annuity is a type of insurance product that provides a regular stream of income to two individuals, typically a married couple, for the rest of their lives. This type of annuity is often used as a retirement income strategy to ensure that both spouses continue to receive payments even after one of them passes away. Here's how a joint and survivor immediate annuity generally works: Initial Investment: An individual or a couple invests a lump sum of money with an insurance company or a financial institution that offers annuities. Payment Structure: In return for the lump sum, the insurance company agrees to make regular payments to the individuals for the rest of their lives. These payments usually start immediately, hence the term "immediate annuity." Joint and Survivor Option: With a joint and survivor option, the annuity payments continue to the surviving spouse after the death of the primary annuitant (the first person named on the annuity contract). This ensures that the surviving spouse continues to receive income even if the primary annuitant passes away. Payment Amounts: The payment amounts for joint and survivor annuities are typically lower than for single-life annuities (which only pay to one person's lifetime) because the insurance company needs to account for the possibility of making payments for a longer period due to the survivor benefit. Percentage Option: The annuity contract specifies a percentage of the original payment that the surviving spouse will receive after the primary annuitant's death. Common options include 100% (full continuation of payments to the survivor) or a lower percentage, such as 75% or 50%. Guarantee Period: Some joint and survivor annuities come with a guarantee period. This means that if both annuitants pass away before the end of the guarantee period (e.g., 10 or 20 years), payments will continue to a beneficiary (if named) or the annuitant's estate for the remainder of the guarantee period. Joint and survivor immediate annuities can offer financial security for couples by ensuring that the surviving spouse has a steady income source after the death of the primary annuitant. However, they also come with trade-offs, such as potentially lower payment amounts compared to single-life annuities and the fact that the lump sum invested in the annuity is typically not accessible as a lump sum once the annuity is purchased. It's essential to carefully consider the terms, options, and potential benefits before investing in any type of annuity. Income will be lower in the Premium Tax States of CA, CO, ME, NV, SD, TX, WY This material is for informational or educational purposes & is not a recommendation to buy, sell, hold or rollover any asset. It does not take into account the specific financial situation, investment objectives, or need of an individual person. Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty. Surrender charges may also apply. All guarantees are backed by the claims-paying ability of the issuer. Available in jurisdictions where approved. #SPIA #immediateannuities #annuitymarketing #annuityrates #annuityincome #fixedannuities #jeffaffronti #annuityexperts #splitannuity #comboannuity #MYGAnnuity #Multiyearguaranteeannuity #mygarates #MYGA #deferredannuities #spiaquote #periodcertain #Taxexclusionratio

Fitch Ratings Downgrades the United States from AAA to AA+ | Will fixed annuity rates increase? Fitch Rating Article: https://www.fitchratings.com/research/sovereigns/fitch-downgrades-united-states-long-term-ratings-to-aa-from-aaa-outlook-stable-01-08-2023 US treasury rate page 2023 https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=2023 Significant repercussions on the U.S. economy and financial markets. Here are some of the potential consequences: Increased borrowing costs: A downgrade in credit rating signals that Fitch believes the U.S. is more likely to default on its debt obligations. This perception would make investors demand higher yields on U.S. government bonds to compensate for the increased risk. Impact on financial markets: The downgrade could trigger a sell-off in U.S. government bonds and a flight to safer assets. This could lead to increased volatility in financial markets, affecting stocks, currencies, and other assets globally. Loss of confidence: A downgrade in credit rating can undermine investor confidence in the U.S. economy and the ability of the government to manage its finances. Effect on consumer and business borrowing: The downgrade could also lead to higher borrowing costs for consumers and businesses, making it more expensive to finance mortgages, auto loans, and business expansions. Impact on the U.S. dollar: The U.S. dollar has long been considered a safe-haven currency, and a credit downgrade could erode this perception. Reputational damage: A credit downgrade can be seen as a sign of fiscal mismanagement and can damage the reputation of the U.S. as a reliable borrower. Political consequences: A credit downgrade could add pressure on policymakers to take more stringent fiscal measures to regain the lost AAA rating. In the end, it is generally regarded as a serious development with significant implications for the U.S. and global economy. #fitchratingsdowngrade #annuitymarketing #mygarates #insurance #clientoriented #fixedannuity #deferredannuity #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #bankrates #savingsrate #fsdfinancial #financialplanning #agourahillsannuity #annuitycommission #annuityexperts #taxdeferred #californiaannuity

Ever wondered how the mighty fall and end up doing a financial limbo? How is it that I still her about one time very wealth people declaring bankruptcy and/or being destitute? Has no one ever mentioned a SPIA (Single Premium Immediate Annuity)? You'd think with all those high-flying, deep-pocketed folks like Business managers, accountants, the professional talent agent, they'd have a Plan B!. None of them ever thought hey, let's look at guaranteeing your basic income needs and expenses, just in case. It's like they missed the chance to sprinkle a dash of security on their financial extravaganzas! Having a guaranteed annuity income can offer several benefits, especially concerning peace of mind and the ability to get a loan. Let's explore these advantages in detail: Steady Income Stream: An annuity provides a predictable and stable income stream, often for the rest of your life or a specified period. This consistency in income can provide a sense of security and peace of mind, knowing that you have a reliable source of funds to cover essential expenses, even in retirement. Financial Security in Retirement: Knowing that you have a guaranteed income during retirement can alleviate concerns about outliving your savings. With an annuity, you have a financial safety net to supplement other retirement income sources like Social Security or pensions. Protection Against Market Volatility: Annuities are designed to protect against market fluctuations. Unlike investments tied to the stock market, the income from annuities is generally not influenced by market downturns. This feature can offer peace of mind, especially for individuals who are risk-averse or want to safeguard a portion of their retirement savings. No Loan Repayment Worries: When applying for a loan, lenders typically assess the borrower's ability to repay the debt. Having a guaranteed annuity income can boost your loan eligibility because it shows a steady income source that can be used to service the loan payments. Lenders may consider this income as reliable, making them more confident in your ability to repay the loan. Potential for Lower Interest Rates: With a guaranteed annuity income, lenders may view you as a lower-risk borrower, leading to more favorable loan terms. This could include lower interest rates, which can save you money over the loan's duration. Flexibility in Loan Types: Having a stable income from an annuity can open up various loan options. Whether you need a personal loan, home equity loan, or another type of financing, your guaranteed income can make it easier to qualify for these loans. Diversification of Income Sources: Relying on diverse income streams can provide a sense of financial stability. If you have other investments or assets, combining them with a guaranteed annuity income can create a more resilient financial foundation. Peace of Mind for Loved Ones: Some annuities offer death benefits, allowing your beneficiaries to receive any remaining payments or a lump sum if you pass away before receiving the full value of the annuity. This feature can provide peace of mind, knowing that your loved ones will be taken care of even if you're no longer around. It's important to note that the specific benefits of an annuity may vary depending on the type of annuity, contract terms, and your individual financial situation. Before considering an annuity, it's essential to thoroughly research and consult with a financial advisor to determine if it aligns with your overall financial goals and needs. Additionally, when seeking a loan, make sure to compare different lenders and loan offers to secure the best terms available to you.

Free withdrawal provision inside of a walk away fixed annuity. Be sure the interest rate guarantee period and the surrender period match! Dear Insurance Companies - Rate are up and so is the competition. Insurance companies have been raising Multi-Year Guarantee Annuity rates all month and that means more options. Multi-Year Guarantee Annuity features include: Free withdrawal provision - allows access to annuity without withdrawal charges Full Death Benefit - Waiver of all charges in event of owner's death Waivers - If qualified can avoid charges for terminal illness or nursing home confinement Dissecting a MYGA video - https://www.youtube.com/channel/UCJA1PmQHt51tZ6VBx-XYyOw/videos/videos 🔔 Follow our social media accounts for more great content! YouTube - https://www.youtube.com/@annuityexperts LinkedIn - https://www.linkedin.com/in/jeff-affronti-a1551834/ Facebook - https://www.facebook.com/annuityexperts/videos/ Instagram - https://www.instagram.com/annuityexperts/ Twitter - https://twitter.com/MrFixedAnnuity Rumble - https://rumble.com/c/c-1096761 #annuitymarketing #mygarates #insurance #clientoriented #fixedannuity #deferredannuity #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #bankrates #savingsrate #fsdfinancial #financialplanning #agourahillsannuity #annuitycommission #annuityexperts #taxdeferred #californiaannuity #cdrates #retirementplanning #GuaranteedLifetimeIncome

I feel agents and their clients should understand the full aspects of the marketplace and the guaranteed math behind a fixed annuity guarantee! Annuity Theory: Current 5 Year MYGA Rate = 5.25% with liquidity vs 4.00% Hybrid~ $100,000 @ 5.25% = $129,154.79 $100,000 @ 4.00% = $121,665.29 - No bonus and MYGA client earns $7,489.50 more than MYGIA (7.49% of premium) - With 14% bonus, on premium, MYGIA earns $6,510.50 more than MYGA (6.51% of premium) I see the real value of the possible bonus is 9.54% Example: Current S&P 500 = 33,852.66 25% increase is 8,436.16 and will put S&P at 42,315.82 Risk/Reward Does a client risk a guaranteed 7.49% of gain for a possible extra gain of 9.54%? Hey maybe! Example - S&P 500 = 33,852.66 25% increase is 8,436.16 and will put S&P at 42,315.82 Very happy to see a company is trying new stuff! There has not been much creativity in the MYGA space in some time, so this is a good thing. Not sure how many traditional MYGA buyers are this type of gambler but if the commission is better than a MYGA I am sure it will be sold to them anyway. Not sure who asked for this product as MYGA are mostly sold as a commodity. Maybe a BD/IMO, so they can require advisors to go though BD since it has an Index component? 🔔 Follow our social media accounts for more great content! YouTube - https://www.youtube.com/@annuityexperts LinkedIn - https://www.linkedin.com/in/jeff-affronti-a1551834/ Facebook - https://www.facebook.com/annuityexperts/videos/ Instagram - https://www.instagram.com/annuityexperts/ Twitter - https://twitter.com/MrFixedAnnuity Rumble - https://rumble.com/c/c-1096761 annuitymarketing #mygarates #insurance #clientoriented #fixedannuity #deferredannuity #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #bankrates #savingsrate #fsdfinancial #financialplanning #agourahillsannuity #annuitycommission #annuityexperts #taxdeferred #californiaannuity #cdrates #retirementplanning #GuaranteedLifetimeIncome #jeffaffronti

What is an Escalating Rate Fixed Annuity? | It's a type of MYGA! Rates effective 07/11/2023 and are subject to change after. Year 1 = 5.05% (4.80% + 0.25% enhancement) Year 2 = 4.90% Year 3 = 5.00% Year 4 = 5.10% Year 5 = 5.20% Yield to term = 5.05% (27.93% Gain after 5 years) An escalating rate Multi-Year Guaranteed Annuity (MYGA) is a type of annuity contract that provides a fixed interest rate for a specified period, typically ranging from three to ten years. However, unlike a traditional fixed-rate MYGA, an escalating rate MYGA offers a gradually increasing interest rate over the contract's term. With an escalating rate MYGA, the interest rate on the annuity increases by a predetermined percentage each year or at specific intervals. However, it's important to note that the initial interest rate of an escalating rate MYGA may be lower compared to a traditional fixed-rate MYGA. Like other annuities, escalating rate MYGAs offer tax-deferred growth, meaning the earnings on the annuity are not taxed until they are withdrawn. It's essential to thoroughly review the terms and conditions of an escalating rate MYGA before purchasing one, as the specific details can vary among insurance companies and annuity contracts. It's recommended to consult with a financial advisor who can assess your individual circumstances and provide personalized guidance regarding annuities and other retirement planning options. IMPORTANT INFORMATION This material is for informational, educational & entertainment purposes. It is not a recommendation to buy, sell, hold or rollover any asset. It does not take into account the specific financial situation, investment objectives, or need of an individual person. Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty. Surrender charges may also apply for early or excess withdrawals. All guarantees are backed by the claims-paying ability of the issuer. Products are available only in all states where approved. Rates are subject to change. 🔔 Follow our social media accounts for more great content! YouTube - https://www.youtube.com/@annuityexperts LinkedIn - https://www.linkedin.com/in/jeff-affronti-a1551834/ Facebook - https://www.facebook.com/annuityexperts/videos/ Instagram - https://www.instagram.com/annuityexperts/ Twitter - https://twitter.com/MrFixedAnnuity Rumble - https://rumble.com/c/c-1096761 #annuitymarketing #mygarates #insurance #clientoriented #fixedannuity #deferredannuity #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #bankrates #savingsrate #fsdfinancial #financialplanning #agourahillsannuity #annuitycommission #annuityexperts #taxdeferred #californiaannuity #cdrates #retirementplanning #GuaranteedLifetimeIncome

Secure Your Financial Present and Future with the Power of Split Annuity Strategy! Are you looking for a reliable financial solution that provides income both now and later? Look no further than the split annuity strategy, a smart choice for your financial planning. By opting for a split annuity, you not only enjoy immediate income but also benefit from guaranteed principal return and tax deferral advantages. Here's how the split annuity strategy works to maximize your financial gains: 1. Tailored to Your Needs: You begin by determining your desired income duration and then purchase two annuities—a immediate annuity and a deferred annuity. 2. Immediate Income: The immediate annuity starts providing you with regular income payments right away for a designated time period. This ensures that you have a steady stream of income to meet your present financial needs. 3. Future Security: Meanwhile, the deferred annuity grows back to its original premium amount, acting as a secure nest egg for your future. By benefiting from tax deferral, your money has the potential to grow even more over time. 4. Perfectly Aligned Durations: The duration of the immediate annuity matches the duration of the deferred annuity. Whether you prefer monthly, quarterly, semiannual, or annual payments, you have the flexibility to choose the frequency that suits your lifestyle and financial goals. 5. Expertly Determined Split: The division between the two annuities is determined for you, taking into account the duration you select and the current rates. This ensures an optimized allocation that maximizes your financial gains. Unlock the Power of Two Fixed Annuities: By embracing the split annuity strategy, you gain access to the exceptional benefits offered by two fixed annuities: 1. Income: a single-premium immediate annuity, you can convert a portion of your premium into a guaranteed stream of predictable, tax-advantaged income payments. Choose from fixed period, single life, and joint payment options to customize your plan according to your unique needs. 2. Accumulation: multi-year rate guarantee periods up to 10 years, a single-premium deferred annuity guarantees your annuity will grow—tax-deferred—to its original premium amount. Don't miss out on the incredible advantages of the split annuity strategy. Secure your financial present and future with guaranteed income, tax deferral, and the power of two fixed annuities. Contact me today to explore how this innovative approach can transform your financial journey. MAY 2023 SPLIT BREAKDOWN 10-Year Guarantee Combo Split Annuity Illustrations for May 2023, with guaranteed income and growth, along with a tax exclusion ratio. Take a look at the sample illustrations below: For a total premium of $500,000, the Immediate Annuity Side offers $205,893.00, while the Multi-Year Guarantee Annuity Side offers $294,107.00. With a Growth and Income plan, you can expect to receive a monthly income of $2,087.76 for 120 months through the Immediate Annuity, while the Multi-Year Guarantee Annuity Side offers a guaranteed interest rate of 5.45% for 10 years. Note that states which charge premium tax, including CA, CO, ME, NV, SD, TX, and WY, will result in a lower monthly income. SPIA Quoted not approved in UT and NY