FIA Recommendations

[GAHEALTH]

Hey gang. I am looking for a good FIA for a rollover of a 401(k). Are there any out there that still offer high crediting options from the indexes close to that of IULs? This is for a 29 yo who is tired of rolling over and then loosing more money. He is participating in a pension plan and will possibly take over the business in two years. The plan they have now is not great and am trying to change that.

 

[Norwayguy]

Hey gang. I am looking for a good FIA for a rollover of a 401(k). Are there any out there that still offer high crediting options from the indexes close to that of IULs? This is for a 29 yo who is tired of rolling over and then loosing more money. He is participating in a pension plan and will possibly take over the business in two years. The plan they have now is not great and am trying to change that.

Close to caps that IULs have...No there are not. There are some uncalled products like Annexus BAA but that product has a spread and a fixed component. American national value lock 10 has a 90% participation rate on the S&P 500 but it is a long term monthyl averaging product.

My preference in todays market is to use a partication rate product in this market so I have some upside potential but I give up a good portion of those small increase years.

 

[GAHEALTH]

Close to caps that IULs have...No there are not. There are some uncalled products like Annexus BAA but that product has a spread and a fixed component. American national value lock 10 has a 90% participation rate on the S&P 500 but it is a long term monthyl averaging product.

My preference in todays market is to use a partication rate product in this market so I have some upside potential but I give up a good portion of those small increase years.

Was looking to use NWL for the roll over with a bonus during first 5 years.

 

[lifeinsuranceguy]

Check out American Equity.

 

[Norwayguy]

Check out American Equity.

Just be aware if you switch you production to other carriers and American Equity terms your contract you do not remain the agent on the policy.

 

[Larry Tew]

I use Jackson National's "Elite Choice". Good solid annuity minus some of the bells and whistles from a large company with strong financial ratings.

 

[WPM]

Just be aware if you switch you production to other carriers and American Equity terms your contract you do not remain the agent on the policy.

I was not aware of that. Thanks!