One of the most popular new benefits of both variable and fixed indexed annuities is setting guaranteed income amounts with the use of Income Riders. Many of these riders offer contractual guaranteed income benefits of 6%, 7%, 8%, and even 10% in some instances.
Sadly, the majority of consumers either have not understood (or were misled) how these income riders actually work. These riders, when sold correctly for the ideal client, are one of the most powerful retirement benefits in the country. However, if you believe that you can just walk away with these large guarantees, then you definitely need to watch this eye-opening video covering the truth about income riders on index and variable annuities.
These guaranteed income benefits are most likely only going to become more popular in the near future. Make sure you understand the pros and cons before you ever buy one.
Note: To watch the educational video, just click on the video picture below or you can click here to watch it in YouTube.
To learn more from this annuity professional, click here (Rob Brinkman).
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