Annuity Question

[VolAgent]

If any of you think that if the economy suffers long term that the IAs you sell will somehow thrive, think again. It will be "hello guaranteed rates" time.
And we all can see what the current rates are in the current economic climate....

You may say "well thats what I have the riders on there for", but there are a lot juicier riders on VAs if your selling riders.
Its rare that I sell a rider on an IA.

But if I am selling riders; imo the VA riders are superior to the IA riders available. And in the long run will be used more often.

If the economy suffers long term, you'll be lucky to get the guaranteed rate. It is hard to pay guaranteed rates if you can't get any performance out of your bond portfolio. Look how many companies are cutting guaranteed rates right now for that very reason.

And I agree with you about VA versus FIA riders. The FIA riders I've seen, your rider rate isn't much lower than the cap. It is hard to get high water marks in a setup like that.