Many of your pre-retirees and retirees are actively looking for annuity solutions, and you can be the one to offer them. Why not be the one to help them? Below are some of the top types of Annuities you can sell through Benchmark: 

Multi-Year Guaranteed (Fixed)

A great alternative to a bank CD, this option grows money at a guaranteed rate for whatever time period the client chooses. It pays more than a bank CD and defers taxes so clients keep more of their money growing before tax time hits.

Indexed Annuities (Single Premium or Flexible Premium)

Great option for clients looking for both growth and principal protection. These types of annuities are a tax-deferred savings option providing protection for the client’s initial deposit when the market goes down, combined with a greater opportunity for growth than a fixed annuity when the market is up.

Many Indexed Annuities offer riders at an additional cost that will provide guaranteed Lifetime Income at a specified amount for the client and their spouse (if elected). If you choose this rider, the life insurance company guarantees you can withdraw a certain amount from the annuity annually, even when your balance is $0! The upside is that if you live a long life, the insurance company continues to pay the guaranteed amount annually for as long as you live.

Single Premium Immediate Annuity

With this type of annuity, the client purchases a guaranteed stream of payments in exchange for an up-front lump sum. It provides consistent payments that the client can count on. The advantages of these policies is that they are simple, have lower fees, and guaranteed income, but the tradeoff is no more control of the money and eventual loss of purchasing power from inflation.