Annuity Update May 200
ANNUITY MARKETPLACE UPDATE MAY 2022
Annuities, as you know are deferral instruments designed for specific problems.
Today’s marketplace provides us:
A++ rated carrier
7- year surrender (relatively short)
Annual s&p point to point cap is 6.10%
Annual s&p point to point uncapped is 38%
Fixed account is 3.20%
Something to think about………………….
“Kiplinger” says retirees with guaranteed monthly income live longer happier, healthier, and longer lives. Income gap planning is one spot where annuities have a place.
If we can be of service, please reach out.