Excellent videos for a better understanding of annuities:
AIG “Cut the Small Talk” (FA & IA)
AIG “ Cut the Small Talk” (Index Annuities)
Lincoln Financial Group – FIA Basics
Lincoln Financial Group – LINC Edge
Lincoln Financial Group – Lincoln OptiBlend® Fixed Indexed Annuity
Why do people buy annuities?
People typically buy annuities to help manage their income in retirement. Annuities provide three things:
- Periodic payments for a specific amount of time. This may be for the rest of your life, or the life of your spouse or another person.
- Death benefits. If you die before you start receiving payments, the person you name as your beneficiary receives a specific payment.
- Tax-deferred growth. You pay no taxes on the income and investment gains from your annuity until you withdraw the money.
Investor.gov/ U.S. Securities and Exchange Commission