Fixed Annuities play a large role in well-rounded retirement distribution plans. When the ‘age of pensions’ slowly began to fade away in the 1970-1980’s a large need began to develop for guaranteed income-generating financial plans. Though annuities sometimes get a bad rap in the industry because of their fee structures, sales charges, and rider-limitations, there is an absolute need for these products, as long as they are designed correctly to fit your distribution strategy, and you fully understand how to position them.
If you haven’t considered implementing a fixed annuity into your retirement distribution plan, you may be overlooking one of the most valuable income-generating financial tools available.
Article by Andrew Kirwin
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