Best Time to Buy an Annuity? Now!

April 4, 2022

If your clients are waiting for interest rates to go up, they may be missing out

Even in a low interest-rate environment, an annuity can be a good choice for your clients. Compounded growth and tax deferral can grow their savings faster than you may think. But if clients are waiting for interest rates to go up before buying an annuity, they may be missing out.

If your client puts $50,000 into a five-year guaranteed annuity paying 2.50%, that client would be guaranteed $56,570 at the end of five years, minus any withdrawals taken.

That’s tax-deferred, compounded growth. Plus a minimum guaranteed return and flexible access to money along the way. Few taxable investments can compete with this blend of safety, growth and flexibility.

Here’s Another Way to Look at It

By waiting one year before buying an annuity, that $50,000 would have to earn 3.13% annually for four years to catch up with the annuity’s value of $56,570.

And by waiting two years before buying the annuity, that $50,000 would have to earn 4.20% annually for three years to achieve the guaranteed $56,570 had they owned the annuity all along.

An annuity from The Standard may be just the solution to meet your clients’ financial needs. We offer a variety of annuities and withdrawal options. Help them select the one that fits their lifestyle and moves them toward their financial goals.

Ask about tax-deferred compounded growth, a minimum guaranteed return and flexible access to money along the way with an annuity from The Standard.

Use This Sales Idea With Clients

Sales Concept Flyer

16483

What Is the Cost of Waiting?

More About Sales Insights & Tools
Maximize your earnings with our Internal Transfer Program, offering full commissions on most internal annuity transfers for clients aged 85 and younger. Use our annuity portal to review policies, avoid transfer hassles and earn full first-year commissions while increasing client satisfaction.
The 50/30/20 allocation model using fixed index annuities offers a strategic alternative to the traditional 60/40 portfolio. Find out how FIAs can become a valuable addition to a balanced investment strategy.
Paul Garofoli shares a strategy for clients to leave a legacy without underwriting, using the Legacy Max Enhanced Death Benefit Rider. This approach helps clients convert “live on” assets into “leave on” legacies, ensuring their financial plans benefit future generations.
Concerned about potential declines in long-term yields and participation rates for fixed indexed annuities? Take advantage of the current higher rates offered by the Enhanced Choice Index Plus Series to save your clients thousands before rates drop.
Now might be a great time to consider a fixed index annuity before interest rates drop. The Index Select Annuity 7 offers a 65% participation rate in the S&P 500® Index gains without any downside risk, plus a 5.00% fixed interest crediting option.
Join us in celebrating the one-year anniversary of the Enhanced Choice Index Plus! Its many options make it a powerful tool to protect and grow clients’ assets.
Knock your next sales meeting out of the park using “Score Big With Legacy Max.” Find out more about what it is, how to use it and where to find it.
As the world becomes more interconnected, so does the need for coverage. Find out how you can offer annuities to foreign nationals working for a company in the United States.