We did a newsletter titled: VAs vs. FIAs Guaranteed Lifetime Income Benefits (there is NO comparison)! (Click here to read).
The newsletter was written by Roccy DeFrancesco, JD, CWPP, CAPP, CMP and the responses from that newsletter were so overwhelming he decided to write his own “white paper” to further expand on the newsletter.
Why should every advisor have a copy of this white paper?
Good question. If you are securities licensed, the chances are significant that your B/D forbids you from selling Fixed Indexed Annuities (FIA) or strongly frowns on it. Therefore, most security licensed advisors do not understand FIAs and really do not understand how the new guaranteed income for life benefits (GIB) work inside a FIA.
If you are securities licensed and don’t know how FIAs work and, specifically, how the new GIB rider works, you should and can learn it in detail with my new white paper.
If you are NOT securities licensed, the chances are significant that you are not familiar with exactly how a variable annuity (VA) works and, in turn, do not understand “ALL” of the various fees and riders that are available (including the following: Guaranteed Death Benefit (GDB), Guaranteed Minimum Withdrawal Benefit (GMWB), Guaranteed Minimum Income Benefit (GMIB), Guaranteed Lifetime Withdrawal Benefit (GLWB), and Guaranteed Minimum Accumulation Benefit (GMAB)).
If you are not securities licensed and don’t know how VAs work and, specifically, how the various riders work to guarantee income, withdrawals, and death benefits, you should and can learn it in detail with my new white paper.
What does the white paper cover?
The title of the white paper is:
Guaranteed Income Benefits (Income for Life)
Variable Annuities VS. Fixed Indexed Annuities
The paper covers all the various fees in VAs and FIAs as well as the VA and FIA GIB riders.
There are two real-world comparisons of a VA vs. a FIA to determine:
1) which one will guarantee the most retirement income for the annuitant in retirement,
2) which one has the largest actual account value in any given year that would pass to the beneficiaries upon the death of the annuitant, and
3) whether the riders used in the VAs and the FIAs make sense to purchase in the first place.
If you are in the financial services and/or insurance industry and don’t think you need to know the above, then you don’t need to download this free white paper.
If you want to sign up to download the white paper, please click here.