Will this be the last 5.00%+ Split Annuity? A look at current August 2024 income and tax exclusion.

$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.