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Guaranteed income annuities can be purchased with or without fees. No-fee or low-fee annuities offer a lower payout but fewer fees, while annuities with fees offer higher payouts but higher fees. The decision to purchase depends on your financial goals, risk tolerance, and investment preferences.
To review the terms and fees, here's Brian to guide you before making that decision.
What You’ll Learn from This Episode:
[2:37] There's a product that completes your strategy, understands why you're doing it and gets your goals to align
[4:15] There are a lot of different ways to use annuity without fees
[4:22] You only pay a fee if it provides an additional benefit that you want
[7:23] So either you pay a fee along the way or spend more in the beginning and get the same income
[7:41] Two Ways: Maximum Income and Remainder Value
[13:14] Some people will pay less money to produce the income, while others choose to pay no fee even if it costs more upfront.
Key Quotes:
[2:18] "The problem is you start analysing the product. And try to figure out if it will work for you."
Resources:
Annuity Newsletter
Call Annuity Straight Talk at 800-438-5121 or schedule a call at AnnuityStraightTalk.com
By Bryan Anderson3.6
1313 ratings
Guaranteed income annuities can be purchased with or without fees. No-fee or low-fee annuities offer a lower payout but fewer fees, while annuities with fees offer higher payouts but higher fees. The decision to purchase depends on your financial goals, risk tolerance, and investment preferences.
To review the terms and fees, here's Brian to guide you before making that decision.
What You’ll Learn from This Episode:
[2:37] There's a product that completes your strategy, understands why you're doing it and gets your goals to align
[4:15] There are a lot of different ways to use annuity without fees
[4:22] You only pay a fee if it provides an additional benefit that you want
[7:23] So either you pay a fee along the way or spend more in the beginning and get the same income
[7:41] Two Ways: Maximum Income and Remainder Value
[13:14] Some people will pay less money to produce the income, while others choose to pay no fee even if it costs more upfront.
Key Quotes:
[2:18] "The problem is you start analysing the product. And try to figure out if it will work for you."
Resources:
Annuity Newsletter
Call Annuity Straight Talk at 800-438-5121 or schedule a call at AnnuityStraightTalk.com

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