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In this episode, Marty Becker breaks down the different annuity income payout options to help you make informed decisions about your retirement. He explains key terms like Lifetime Income Rider (LIR), Guaranteed Minimum Benefit (GMWB), and Single Premium Immediate Annuities (SPIAs). You'll also learn about various payout choices, including life only, life with return of premium (ROP), installment refund, and term certain options. Whether you're looking for higher income or a way to leave something behind for your loved ones, this episode simplifies it all.
Tune in to find the best annuity strategy for your needs!
00:29 Big brokerage houses like Wells Fargo and Fidelity offer limited options for annuities, mainly variable annuities. 01:52 Fidelity is a top seller of...
Not all annuity income is created equal. In this episode, I take a close look at the Delaware Life Dual Track Income Annuity—a product...
In this episode, Marty Becker explores the often-overlooked psychological side of retirement that has nothing to do with 401(k)s, Social Security timing, or interest...
