Current Top Rates on Annuities

[supersupps]

The income sustainer plus by Great American looks good.. What comm do they pay to agents?

 

[nathan.lee]

The GA American Valor 10 pays 6% comp up to age 75 and the Safe Return pays 6.5% comp to age 75.

 

[than]

Or they are talking about secondary market annuities...ie annuities that hav been annuitized and are being sold off for the income stream and they are gettting 6-8 percent based on the difference between total payments and total investment.

FIAs can and do provide the type of return in some positive years.

most likely the prospect was talking about Secondary Market Annuities, which are actually a little different than the quote above- while some are in fact 'self owned' annuities offered for resale at a discount, the majority are Structured Settlements. These are payment streams payable to injured parties, and the payments are backed by annuities. Original payees can sell future payments for cash today, and people with cash can buy the future payments. likely, you've heard of JG Wentworth who advertises a lot in the space. Basically, as the quote above indicates, the yield on the discounted payment stream for investors can be well above market when compared to other period certain options and newly-minted fixed annuities.
Happy to share more, PM if interested,