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Fixed Index Annuity

By Jeffrey Stark, CFP® posted 11-06-2013 19:06

  

Look into the Allianz 360 annuity with the 360 Benefit Rider.  It offers an un-capped Barclay's US Dynamic Balanced Index, a 50% index bonus, and higher Guaranteed Lifetime Income Withdraw Rates each year you wait to take income.  Owners can take Systematic Withdrawals instead of Guaranteed Income Withdrawals and preserve annual Withdrawal Rate increases and 50% bonuses.  Income can increase based on the index performance each year.  Like all equity indexed annuities, negative index years are credited with a zero return, and as a result, do not adversely affect compounded returns.  It is outstanding.  It may make variable annuities obsolete.

Jeff Stark

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