fbpx

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

North American | Simple, Reliable, Digital Tool to Keep your Business Thriving

As meetings with potential clients become more difficult, North American’s Annuity e-App software makes the application process simple from start to finish.

Mutual of Omaha | Express April 1, 2020

Express: A Weekly Update for Mutual of Omaha’s Brokerage Sales Distribution. April 1, 2020.

Global Atlantic | Help Clients Make the Most Out of their Retirement with Income 150+ SE FIA

Income 150+ fixed index annuity (FIA) offers all of the interest crediting potential and protection from market losses of a typical FIA.

Global Atlantic | Our Rates are Increasing Effective 3/30/20

Effective March 30, 2020, our rates will increase on SecureFore 5 Fixed Annuity and Choice Accumulation II Fixed Index Annuity.

Global Atlantic | Income Factors are Changing for New Policies

As of 3/30/20, the Income Factor on Income 150+, which offers all of the interest crediting potential & protection from market losses of a typical FIA, are changing.

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

CallEmail