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Is the Athene MYG sold through agents, or does one need to communicate directly with Athene to buy it?
Do carriers have provisions for direct sales to consumers when a consumer's desired annuity premium falls below an amount an agent will accept for a sale?
It is sold by agents. I do not know of any carriers with an avenue for direct sales of annuities to consumers.
This is going to turn into a challenging purchasing project then.
The product is not listed by Online Sellers:
Annuity dot org
Immediate Annuities
Blueprint Income
Shawn Plummer
Annuity Advantage
New Horizons
Annuity Resources
Stan the Annuity Man
Ins Agent A, has $25K purchase minimum.
Ins Agent B (large online seller), has $20K purchase minimum.
Ins Agent C, local, says:
Athene's minimum purchase requirement is $10K
Athene orders are heavily backed up
And he can get me better rates so I should come see him.
(not likely since he is a half hour drive -one way-across town from me and the postcard he sent me was promoting American Life's 3 year American Classic at 4.25%. Since American Life is a B rated company, I would guess his other recommendations would also be B rated, which I am gathering most of you would not suggest as optimum choices for me to consider.)
I have one more email in to a national seller, I hope to have a response on that early next week, it will probably also be a no, so I will then need to develop another approach.