AS OF JULY 2016, I AM MOVING MY ANNUITY CONTRACTS OVER TO SENIOR MARKET SALES. THE REASONS FOR DOING THIS ARE THAT MY PARTNER, RUSSELL LUCE, IS CONTRACTED WITH SENIOR MARKET SALES AND I FEEL THAT SENIOR MARKET SALES HAS MORE OPTIONS FOR MY CLIENTS.
THIS POST IS TO PROVIDE ADDITIONAL INFORMATION REGARDING THE FIXED INDEXED ANNUITIES OFFERED BY ATHENE (BALANCED CHOICE ANNUITY) AND NATIONWIDE (NEW HEIGHTS). BOTH PRODUCTS FALL UNDER ANNEXUS. THIS POST WILL PRIMARILY CONSIST OF LINKS AND VIDEOS.
FROM THE ANNEXUS WEBSITE IS A LIST OF RETIREMENT TRENDS FOR BABY BOOMERS. PLEASE READ AND SEE WHICH TRENDS APPLY TO YOU. CLICK HERE FOR THE LINK. HERE IS ANOTHER LINK ON FIXED INDEXED ANNUITIES AND THEIR RISING POPULARITY.
What is a fixed indexed annuity?
A fixed indexed annuity offers returns based on the changes in a securities index, such as the S&P 500® Composite Stock Price Index. Indexed annuity contracts also offer a specified minimum which the contract value will not fall below, regardless of index performance. After a period of time, the insurance company will make payments to you under the terms of your contract.
- A fixed indexed annuity is not a stock market investment and does not directly participate in any stock or equity investment. It may be appropriate for individuals who want guaranteed interest rates and the potential for lifetime income.
- Lifetime income may be provided through the purchase of an optional rider for an additional cost or through annuitization at no additional cost. If you take withdrawals before you’re age 59½, you may have to pay a 10% early withdrawal federal tax penalty in addition to ordinary income taxes. Withdrawals may trigger early surrender charges, reduce your death benefit and contract value.
HERE IS A YOUTUBE VIDEO THAT EXPLAINS THE BALANCED CHOICE ANNUITY
THIS NEXT VIDEO IS FROM THE NATIONWIDE NEW HEIGHTS FIXED INDEXED ANNUITY. THE JP MORGAN MOZIAC IS ONE OF THE INDEXING STRATEGIES.
THIS VIDEO IS FROM DRESSANDER BHC REGARDING THE NATIONWIDE NEW HEIGHTS.
MORE ON THE NATIONWIDE NEW HEIGHTS
I WANTED TO POST SOME ADDITIONAL INFORMATION ON WHAT A FIXED INDEXED ANNUITY (FIA) IS. HERE IS A LINK TO FURTHER EXPLAIN A FIXED INDEXED ANNUITY.
I AM CURRENTLY CONTRACTED WITH DRESSANDER BHC FOR FIXED INDEXED ANNUITIES. THE TWO COMPANIES PRIMARILY USED ARE NATIONWIDE WHICH HAS THE NEW HEIGHTS FIA AND ATHENE WHICH HAS THE BALANCED CHOICE ANNUITY. BOTH FALL UNDER THE ANNEXUS GROUP. PRODUCT SPECIFIC INFORMATION CAN BE FOUND HERE.