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Exciting Predictions: The 5 Most Popular Annuity Features for 2023 | Breaking News on Guarantees! A Must-Read!


5 Fixed Annuity Features That Will Be Popular In 2023... 1. Accumulation Guarantees Currently: - 3 & 4 Year annuities between 4.90% and 5.00% - 5 & 6 Year annuities between 5.00% and 5.40% - 7 Year annuities between 5.10% and 5.50% - 8-10 Year annuities not as attractive as shorter terms 2. Guaranteed Income Options What is hot: - Interest Only Withdrawals (accumulation values & DB remain steady) - Free withdrawal provision (built in even at higher rates, 5% - 15%) - Immediate Annuities (Single or Joint Lives, period certain for laddering) - Split Annuities (advantage to non-qualified funds and the knowledge of exclusion ratio) 3. Carrier ratings, history and longevity What I feel should be looked at beyond ratings: -Ratings are just a stating point (Be aware of how long a carrier has had a rating) - Check multiple ratings agencies (AM Best, Weiss, S&P, + Comdex) - Total carrier admitted assets (under $1 billion or $10’s of billions) - History (Has the carrier has a recent upgrade or downgrade) - Devotion to the annuity product line (Does the carrier have a vested interest in annuities, VOYA) - Primary product line (FIA – MYGA – SPIA or nice combination 4. An increase in the contractual minimum guarantees (THIS IS HUGE – BIG NEWS HERE!) This is HUGE: - A popular walk-Away MYGA will be at 2.75% for 2023 (So liquid in 3 years at no less than 2.75%) - Other FIA and Deferred at 2.80% - Be sure to check the minimum guarantees on all product with exit windows 5. Tax Exclusion Ratios and Tax Deferral More interest = more taxable: - When rates are below 1% - Taxable gain at the end of year may not be felt to bad - Now rate have increase 5 fold and so will that taxable interest! - Use a deferred annuity to defer those taxes - Use an immediate or Combo/Split annuity defer and get some income with a tax exclusion ratio Shop That Annuity! Follow: YouTube - Facebook - LinkedIn - Rumble - Instagram - Twitter - #annuitymarketing #mygarates #insurance #clientoriented #fixedannuity #deferredannuity #annuities #annuitybrokerage #jeffaffronti #insuranceagents #retirement #bankrates #savingsrate #fsdfinancial #financialplanning #agourahillsannuity #annuitycommission #annuityexperts #taxdeferred #californiaannuity #cdrates #retirementplanning #GuaranteedLifetimeIncome by: Jeff Affronti California Insurance License #0B91910 & #0B67385...(read more)


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Top 5 Annuity Features I Feel Will Be Very Popular For 2023 | HUGE NEWS ON GUARANTEES! Check it out! In the world of investments, annuities have always been a popular choice for investors looking to secure their financial future. With the changing dynamics of the global market, it is important to keep an eye on the upcoming trends and features that will dominate the annuity landscape in 2023. Here, we present the top 5 annuity features that we believe will be highly sought after, ensuring you don't miss out on the future potential of this investment option. 1. Enhanced Guarantee Options: With the ever-increasing longevity of individuals, guaranteeing income for life has become a necessity. In 2023, we expect to see enhanced guarantee options that offer increased income payout durations beyond the traditional lifetime guarantee. These extended guarantee periods will provide investors with an added layer of security, ensuring their nest egg lasts throughout their retirement. 2. Customizable Payout Structures: Annuities have long been known for their flexibility, and this trend will continue to evolve in 2023. Investors will demand greater control over their payout structures, allowing them to tailor annuity payments to their specific needs and preferences. Whether it is providing regular income, lump-sum payments, or a combination of both, customizable payout structures will become an attractive feature in the annuity market. 3. Long-Term Care Riders: As healthcare costs continue to rise, annuities with long-term care riders will gain popularity in 2023. These riders will allow investors to access their annuity funds to cover long-term care expenses, ensuring they have financial support during challenging times. This integration of annuities with long-term care options will provide peace of mind to investors, protecting them from unforeseen healthcare expenses. 4. Index-Linked Annuities: A growing trend in the annuity market will be the rise of index-linked annuities. These products provide the potential for increased returns by linking annuity performance to a chosen stock market index. With the foundation of a guaranteed income, index-linked annuities offer investors a chance to participate in market gains without the risk of market downturns. This feature will be increasingly sought after by investors looking to capitalize on market growth while safeguarding their principal investment. 5. Increased Socially Responsible Investment Options: ESG (Environmental, Social, and Governance) investing has been gaining significant traction, and annuity providers are likely to respond to this demand in 2023. Investors will have the opportunity to align their annuity investments with their values by opting for annuities that emphasize ESG criteria. This feature will appeal to socially conscious individuals who want to ensure their investments contribute to positive change in the world. In conclusion, the annuity market is set to witness some exciting developments in 2023. Enhanced guarantee options, customizable payout structures, long-term care riders, index-linked annuities, and socially responsible investment options will dominate the landscape. These features will cater to the evolving needs and preferences of investors, offering them greater control, flexibility, and peace of mind in securing their financial future. Keep an eye on these trends to make the most informed decisions when navigating the world of annuities in 2023! https://inflationprotection.org/exciting-predictions-the-5-most-popular-annuity-features-for-2023-breaking-news-on-guarantees-a-must-read/?feed_id=127961&_unique_id=64dc9e7136832 #Inflation #Retirement #GoldIRA #Wealth #Investing #2023annuities #annuities #annuitycommission #annuityexperts #annuityinterestrates #annuitymarketing #californiaannuity #clientoriented #combosplitannuity #deferredannuity #fixedannuity #fsdfinancial #GuaranteedLifetimeIncome #immediateannuity #insurance #insuranceagents #jeffaffronti #minimumguaranteeannuityrate #multiyearguaranteeannuity #MYGannuity #mygarates #retirementplanning #savingsrate #spiaquote #taxdeferred #walkawayannuity #RetirementAnnuity #2023annuities #annuities #annuitycommission #annuityexperts #annuityinterestrates #annuitymarketing #californiaannuity #clientoriented #combosplitannuity #deferredannuity #fixedannuity #fsdfinancial #GuaranteedLifetimeIncome #immediateannuity #insurance #insuranceagents #jeffaffronti #minimumguaranteeannuityrate #multiyearguaranteeannuity #MYGannuity #mygarates #retirementplanning #savingsrate #spiaquote #taxdeferred #walkawayannuity
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