Episode #270: The Truth Behind How Annuity Companies Make Money


Have you ever wondered how an insurance company makes money through an annuity sale … how it’s possible that there are no fees charged inside a contract … Or how the advisor you work with is compensated? These are all reasonable questions to ask especially considering the popularity of annuities among pre-retirees looking to establish guaranteed income in retirement.

In this episode of Money Script Monday, Kyle dispels the most common annuity myth and explains what an insurance carrier does with the money you pay into a policy.

Resources Provided for This Episode

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About Kyle Tomko

Kyle Tomko is a Senior Field Support Representative at LifePro. He coaches hundreds of financial professionals on how to build effective financial strategies that achieve their clients' long term goals and helps them stay educated on the latest industry trends.


This information is meant for educational purposes only.

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