Don’t Settle for Just an Income Annuity

By Cathy DeWitt Dunn

Annuities come in all shapes and sizes…and “lifetime income” is just part of the story. And, here’s a dirty little annuity secret: there’s a steep price to pay for that “8% guaranteed interest rate” you see all over the Internet.

What you may not know is that this 8% is only applied to the Income Value of your contract. This means your guaranteed growth is only available to you in the form of a lifetime income check. You may also be surprised to find out you have to pay a fee to get the“8% guaranteed interest rate” and this fee eats into your annuity’s accumulated value – the money you could one day withdraw if you decide not to take lifetime income.

Once you start your income stream, your checks are deducted from your accumulated value. This means that over the course of a few years, your account value will be significantly lower than when you opened it. Yes, you will still receive your “guaranteed income for life,” but you would have paid dearly for it. If you were to change your mind and decide to stop your lifetime income checks, all you could walk away with is your accumulated value – if there is any left. The accumulation value is also your death benefit value. That means if you live past the point where your accumulated account value is gone, you will have nothing left to leave to your heirs.

The truth is, you don’t have to settle for just a guaranteed paycheck for life.

At Annuity Watch USA, we focus on fixed index annuities that offer you the opportunity to GROW YOUR NEST EGG –– with absolutely zero risk of losing your principal or any gains you’ve earned from positive stock market performance.*

An income and growth fixed index annuity solution from Annuity Watch USA means:

• You don’t have to sacrifice guaranteed lifetime income at the expense of not having any money left to leave your heirs
• You have the flexibility to access your money if your circumstances in life change…or, if you simply just “change your mind”
• If you choose to take an income stream, you have a powerful growth component in place to fight inflation

With the stock market’s recent rollercoaster performance, now is a perfect time to escape your brokerage account into a smarter…and safer…way to build your retirement savings. If you are over the age of 59 ½ –– or you have either been laid off or changed jobs –– or your old plan has changed administrators, you have the option of taking control of your money and choosing a safer solution.

Let us show you how a high quality fixed income product can provide growth, principal protection (so you will have money left to pass along to your heirs) in addition to an income stream you can’t outlive.

If you’d like a great introduction to how you can “have it all”, we encourage you to sign up now for our educational video series.

Or, simply give us a call at 972.473.4700 or schedule a free consultation by phone, webinar…or, our favorite, face-to-face!

*Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer.

This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice. Please consult with a professional specializing in these areas regarding the applicability of this information to your situation.