Annuities genius

Author: c | 2025-04-25

Calculate Your Retirement Annuity with Annuity Genius Calculate Your Retirement Annuity with Annuity Genius

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At Annuities Genius, we have always championed transparency, trust, and compliance in the annuity selection process. Our commitment is to a client-centric approach, providing the necessary tools and information for:Qualifying clientsDeveloping strategies where annuities are either a solution or part of oneQuoting annuities for various purposesComparing suitable annuities in detailUltimately selecting a product that best serves the client's interestsThere is a significant regulatory change looming in the financial industry: the Department of Labor (DOL) Fiduciary Rule. This rule, if implemented, will specifically impact how annuity agents operate.Understanding the New RuleFirst and foremost, agents must thoroughly understand the new rule. It broadens the scope of fiduciary duty to include any financial advice regarding retirement plans and IRAs. This means agents offering annuities to retirement savers will be considered fiduciaries and must act in the best interests of their clients.Documentation and DisclosureMaintaining comprehensive records is more important than ever. Agents should document their advisory processes, client interactions, and the rationale behind each recommendation.Technological ToolsInvesting in technology can aid compliance. Customer Relationship Management (CRM) systems, compliance software, and other tech tools can streamline documentation, ensure consistent application of policies, and facilitate client communications.Changes Within Annuities GeniusOur software embodies a client-centric approach. Every quoting tool now operates within the context of a specific client, enhancing both functionality and compliance.Key compliance foundations are ensured through this update:All generated reports are stored in the client's profile for a minimum of five years.It becomes easy to prove thorough research and adherence to the client's best interests.Clients experience The time period.The CD alternatives I am about to share with you contain the same risk profile as a certificate of deposit. In other words, you can’t lose your money (except for certain situations which I will discuss). However, you will be able to earn way more interest compared to CDs.Let’s get started.#1 Accumulation AnnuitiesOne solid option is “accumulation” annuities.John, I heard annuities are bad! Some are. However, the annuities I am going to tell you about are safe.I am not talking about variable annuities that are loaded with fees. Those are the ones you are thinking about.I am talking about simple and safe – what I call – “accumulation” annuities.These annuities have no fees usually. If they do, they are low. They do have withdrawal charges. More on that in a minute.I call them “accumulation” annuities because that is what they do. You can add money/investment and your money grows at a safe rate, nearly always much higher than CDs.These accumulation annuities are not invested in the stock market.They are offered by insurance companies. The insurance carriers are backed by their own assets along with reinsurance carriers. They also must belong to the state’s guaranty association.John, but that means my money is not safe! Not at all. Many of these insurance carriers have billions in surplus, or reserves, which means if they were to go bankrupt, they would have enough money to satisfy their contractual commitments.Typical “accumulation” annuities include:Multi-year guaranteed annuitiesFixed annuitiesFixed index annuitiesMulti-year guaranteed annuities (MYGAs) are the closest resemblance to CDs.They offer a guaranteed rate for a set time period.However, unlike CDs, MYGA (or any annuity) growth is not taxed until you withdraw the money. That means your money compounds quicker.Moreover, rates are simply better. Here are 5-year MYGAs from A-rated carriers:Other annuities that have safe principal attributes include fixed annuities and fixed-index annuities. However, their rate is not guaranteed like MYGAs. Conversely, though, you could earn a higher rate on these annuities.#2 Permanent Life InsuranceAnother option is permanent life insurance like whole life and universal life.What? Whole life insurance is a scam! Whole life can be a bad idea if it’s not used correctly. In this case, permanent insurance like whole life can be a great asset.Moreover, the cash value is safe and protected like that of CDs.You can’t lose money in a life insurance policy. The only way you can is through policy fees or

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SPIAs are good for you. The money you use to purchase the annuity will have a guaranteed rate of growth, and you won’t lose any of your money. Are annuities a good investment?Who should consider an SPIA?You should consider purchasing an SPIA if: You have a large sum of money and you need help managing itYou want to set up a reliable stream of incomeYou don’t want to wait to start receiving income payments from your annuityInvestment growth isn’t your main financial goal. Retirees are the most common purchasers of SPIAs because many of them usually meet these criteria. But SPIAs can be good for other people, too, especially if you have regular expenses that you want to cover. How does an annuity fit into your overall retirement plan?Explore other annuity optionsDeferred annuitiesEquity-indexed annuities (EIAs)Fixed indexed annuities (FIAs)Income annuitiesJoint and survivor annuitiesMulti-year guaranteed annuities (MYGAs)Qualified longevity annuity contracts (QLACs)Registered index-linked annuities (RILAs)Retirement annuitiesFixed annuities vs. variable annuitiesImmediate vs. deferred annuitiesLife only vs. period certain annuitiesSingle premium vs. flexible premium annuitiesAnnuities vs. IRAs. Calculate Your Retirement Annuity with Annuity Genius

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Earn a guaranteed 7%-9% return when CDs, bonds, and fixed income earn less. The 7-9% refers to an income rider roll-up rate. It’s a fictional number that you can’t withdraw a lump sum, transfer out, or live on the interest. It’s NOT a real return. Your rate of return is calculated based on the accumulation value, not the income value. An agent might confuse you by discussing payout rates, withdrawal rates, or the income account value. Your accumulation value is what matters.“You can earn market-like upside without the market downside.” This is a partial truth. You are not directly investing in the index. The annuity contract has a formula that decides how much of the gain of an index you receive. You receive some of the upside and none of the downside.“I will show you a client’s statement who earned 14% without risk.” This is misleading because you will likely earn 2-6% per year over the product term. You could receive 15% for one year and 0% for two other years. Over time, the returns will average out to be in the 2-6% range. Spreads, caps, or participation rates limit how much of the return you receive. Index annuities are fixed annuities and generate fixed-income types of returns.“Earn a 10-15% Bonus. It’s free money”. Here is the truth. If an insurance company gives you a bonus, they will reduce other contract benefits (ex., Cap rates, lower renewal rates, etc) and extend the term. You don’t get something for nothing. Do not buy an annuity solely for the bonus.WHAT IS A REALISTIC RETURN FOR AN INDEX ANNUITY?In our opinion, you could earn slightly less than what fixed annuities pay to slightly more.Expect to earn 1-2% more than the average rate of a 1-year fixed annuity.This would be 2-6% in today’s market. I would not expect anything more than this over a more extended period. This assumes you find one of the better products on the market.Uncapped index annuities might earn 3-7% (1-2% more) than capped annuities. Uncapped annuities outperform when stock markets are strong. Capped annuities will likely outperform uncapped products Cothern Mega Backdoor Roth IRA: How It Works Step by Step Most people invest for retirement in an IRA or 401(k) rather than a savings... How to Roll a 401(k) Into an IRA Learn the benefits of rolling over a 401(k) plan into an IRA to manage your retirement savings, including the different ways and steps to transfer those assets. Thomas (TJ) Porter Immediate vs. Deferred Annuity Payout Options Compared Compare the pros and cons of immediate and deferred annuity payout options and how you choose between them when it comes to your retirement income. Lance Cothern Lance Cothern Indexed Annuities: Comparing the Pros and Cons If you’re getting close to retirement, chances are a salesperson has tried to sell... Lance Cothern Variable Annuities: How Do They Work? You might have seen advertisements or received mailers about variable annuities.... Fixed Annuities: How Do They Work? Learn how fixed annuities work for seniors who seek guaranteed retirement income, but also consider the advantages and disadvantages of annuities. Lance Cothern Pension Advance Loans: Why You Should Avoid Them Find out how pension advance loans work and why you should avoid them in favor of other alternatives for additional funds or cash flow. Aja McClanahan Kevin Mercadante 401(k) vs. 403(b) vs. 457 Plans: Compare Employer-Sponsored Retirement Plans 401(k) vs. 403(b) vs. 457 – the plan titles are used almost interchangeably when... Lance Cothern Raised 401(k) Distribution and Loan Limits Amid Coronavirus Many people may have money they’re typically not allowed to touch until... Profit-Sharing Plans: How Do They Work? Learn how profit sharing plans can help small business owners recruit and retain top talent while bolstering employees’ retirement funds. Kathryn Tretina Where to Put Extra Savings After You've Maxed Out Your 401(k) Find out where you should put extra savings after you've maxed

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Agent for product information. Annuities Let State Farm® support your financial future with an investment through annuities in Randolph, NJ. Immediate annuities may guarantee an income for life, while tax-deferred annuities could help increase your retirement savings. Selecting the best annuity option depends on your financial goals and market conditions. Create a future stream of income or payments with an investment option that grows for you. State Farm can help clear the confusion and misinformation out there when it comes to annuities.Talk with Erin Misurelli to get more information about annuities in Randolph, NJ that support your financial goals.Call or email an agent for investment information. Mutual Funds Invest in your future and help meet your goals with State Farm® Investment Planning Services. You’re offered a variety of account types and multiple investment products. Feel free to check the investment firm or professional’s background at FINRA's Broker Check®. State Farm VP Management Corp. Customer Relationship SummaryTalk with Erin Misurelli to get more information about mutual funds in Randolph, NJ and financial opportunities.Call or email an agent for investment information. Pet Insurance When your pets need medical attention, the last thing you should worry about is cost. Unfortunately, many pet owners find themselves facing tough decisions about their dog or cat’s care. We’re here to help. State Farm works with Trupanion® – a leader in high-quality pet medical insurance – to make it easier for pet owners to care for their furry family members.Want more information? Ask Erin Misurelli in Randolph,

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Capital, our mission is to partner with our clients to assist them in making smart financial choices through uncompromising integrity, trust, and personalized service. Structured Settlements We understand that receiving a large sum of money from a legal settlement can be overwhelming. That’s why we offer structured settlement solutions tailored to meet your unique financial goals. Whether you’re looking to secure long-term income, cover immediate expenses, or maximize your settlement’s value, we’re here to guide you through every step of the process. Structured SettlementsWe understand that receiving a large sum of money from a legal settlement can be overwhelming. That’s why we offer structured settlement solutions tailored to meet your unique financial goals. Whether you’re looking to secure long-term income, cover immediate expenses, or maximize your settlement’s value, we’re here to guide you through every step of the process. Fixed Annuities At Seeley Capital, we understand the importance of financial stability and peace of mind, especially when planning for retirement. That’s why we offer fixed annuities as a reliable, low-risk solution to provide you with guaranteed income over time. Whether you’re looking to supplement your retirement, create a steady income stream, or grow your savings safely, fixed annuities can help you achieve your long-term financial goals. Fixed AnnuitiesAt Seeley Capital, we understand the importance of financial stability and peace of mind, especially when planning for retirement. That’s why we offer fixed annuities as a reliable, low-risk solution to provide you with guaranteed income over time. Whether you’re looking to supplement your retirement, create a steady income stream, or grow your savings safely, fixed annuities can help you achieve your long-term financial goals. Settlement Planning We specialize in helping individuals and families navigate the complexities of settlement planning. Whether you’ve received a legal settlement from a personal injury case, medical malpractice,. Calculate Your Retirement Annuity with Annuity Genius Calculate Your Retirement Annuity with Annuity Genius

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An income rider Assuming male, $100,000 premium, issue age 55 and commencing at age 65. Annuities can help ensure a retirement strategy and income that lasts as long as you do, which is likely to be a very long time. Tax-Deferred Growth In general, during the accumulation phase of an annuity contract, your earnings grow tax-deferred. You pay taxes only when you start taking withdrawals from the annuity. Predictable Income For Life Income riders may be an effective vehicle for lasting financial security. When paired with the right annuity, an income rider can provide a steady income stream for the rest of your life. Death Benefits For Heirs The owner can designate a beneficiary to inherit the remaining annuity payments after death. After an annuitant dies, insurance companies distribute any remaining payments to beneficiaries. Certain level of guarantee You know what your rate of return will be for a certain period of time with fixed annuities. For seniors looking for a predictable income stream, that may be a better alternative than putting money into equities. Our annuities engine quotes annuities for 80+ carriersto show you immediate results online. Get quote online Matthew Dolland Insurance license 16795244 Address 3102 West End Ave. Suite 400 Nashville, 37203 Phone number (844) 411-7843 Email