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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

NAIFA | GovUpdate: DOL Proposes New Exemption for Fiduciary Advice

On 6/29, the DOL released a proposed “best interest” PTE for ERISA- and Internal Revenue Code-covered investment advice fiduciaries.

Athene | Earn a 50 BP Commission Bonus!

Athene is offering a 50 basis point (bp) commission bonus on all Athene fixed indexed annuity (FIA) sales in the IMO channel during July & August.

Global Atlantic | 20% Income Boost on Day 1

Within a two to three-week period, some portfolios were down 20-30%. What can you do to help put clients’ retirements back on track?

North American | Coming up at North American

MGA Update: New Digital Rollover Kit Available | Live Event July 9: NAC VersaChoice Livestream | Live Event July 14: Fidelity Talks Behavioral Finance.

American Equity | Now Available: New Destinations Fixed Index Annuity

The Destinations fixed index annuity offers clients multiple index-linked allocation options, with a volatility-controlled index developed in collaboration with Bank of America.

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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