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Annuity

What are Annuities?

Annuities are insurance contracts in which the company promises to pay a stream of income, either now or sometime in the future. Annuities can give clients the stability they are looking for during their retirement years. Annuity benefits include protection of principal from market volatility, fixed interest growth, tax deferral, and a predictable guaranteed lifetime stream of income.

The annuity landscape is ever evolving from regulatory change to company product changes. Pinnacle Financial services is here to help, from case analysis and design to comprehensive suitability evaluation.

Fixed Annuities

Interest is set by the insurance company for a period of time.

Immediate Annuities

With an immediate annuity, or SPIA, the insurance company will begin a guaranteed fixed income payment within a year from contract issue. The client can choose a guarantee lifetime payment, or typically a payment as short as 5 years, depending on their goals.

Fixed Index Annuities

Interest is credited based on the change of an index such as the S&P 500. Because your money is not actually invested in the index, there is never a risk of loss due to market fluctuations.

Annuity Resources and Tools

Quoting available on our Annuity product portfolio.

Annuity Carriers

Pinnacle works with a wide variety of carriers to help provide your clients with the best options available.

Annuity News

Americo | Important Annuity Change Notice

Effective September 29, 2020, Americo has made some positive rate adjustments to their Ultimate One Index Series annuity products.

NWL | The Score – Week of September 14, 2020

National Western Life proudly joins Life Happens in recognizing Septermber as Life Insurance Awareness Month.

North American | Performance Choice + Fidelity Top Rates!

Available today: Performance Choice 8 fixed index annuity now offers new crediting strategies designed to optimize growth potential.

American Equity | Do your Clients Know how Much Income they will Need in Retirement?

Helping clients understand some of the costs of retirement can be a good first step in developing a lifelong income strategy.

Athene | Federal CARES Act Waives 2020 RMDs

The federal CARES Act, enacted in March 2020, waives RMDs for all types of qualified plans for calendar year 2020.

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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