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Health Broker Collaborators Can Help You With Annuities!
Health Broker Collaborators Can Help You With Annuities!
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.
Variable Annuities: Offer the potential for higher returns but come with more risk.
Immediate Annuities: Start paying out shortly after you make a lump-sum payment. They’re often used by retirees to create a steady stream of income.
Contact the Collaboration Center for collaborative help with your client’s retirement planning issues. From annuities, to long-term care insurance, to life insurance, you will find professional assistance from SMEs who respect health insurance professionals.
For those who desire to learn the annuity business and become an SME, contact us for training and support information.
Annuities are complex financial products, and it is that crucial your clients fully understand what they are buying before committing their money. Consider seeking advice from a financial professional who can help you help your client make an informed decision based on their unique financial situation and goals.
Resources for California Broker Readers:
The Collaboration Center @ 657-229-2849
