Episode #201: Two Ways to Qualify for Double Income Withdrawals


 

Fixed indexed annuities (FIA’s) can offer an array of living benefits, including protection from market downturns, tax deferrals, and index interest credits. Did you know that some FIA’s also offer guaranteed lifetime income that you can’t outlive? In some cases, you have the opportunity to double your income if you become confined or disabled. For example, staying in a qualified facility for a certain duration of time or being unable to perform a number of daily living activities could enable your annual maximum payments to double.

In this episode of Money Script Monday, Sean clarifies the conditions required to qualify for an income multiplier benefit and reviews a case study to highlight the importance of adding an FIA to your retirement portfolio.

Resources Provided for This Episode


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About Sean Brady

Sean Brady is an Advanced Case Designer at LifePro. He works with financial professionals designing advanced case illustrations that are built for longevity and are always in the best interest of the client.

Disclaimer

This information is meant for educational purposes only.

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