As Fitzgerald presented it, the innovation in annuity features and the need for more education of advisors and
clients about annuities are keys to future opportunities.
Not exact matches
What Fisher likes
about annuities is his
annuity conversion program, which buys folks out of their
annuity surrender fees if they become long - term
clients.
As a Registered Investment Advisor (RIA), I have found that when new prospective
clients come in they have strong opinions
about annuities and a total lack of knowledge on how they work, and I'm not surprised at all.
To hear advisers talk
about annuities, interest in them is growing among the investing public; 84 % of the advisers Jackson surveyed said they have had one or more
clients ask
about annuities in the past 12 months, and 44 % said such inquiries are on the rise.
Findings suggest that short deferral period
annuities can reduce the cost of funding retirement, provide longevity protection, and offer behavioral benefits to
clients concerned
about near - retirement market performance.
Similarly, it makes effective tax rates quite useless; after all, as seen in example 4, knowing that a
client already owes $ 35,379 on the first $ 200,000 of income signals nothing
about what the tax consequences will be on the next $ 1,000 of Roth conversion / IRA withdrawal /
annuity investment / sale for a capital gain or loss / etc.