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Today's topic is how annuity companies make money on fixed index annuities. There is a lot of misinformation out there, and I'm going to try to make it very simple for you to understand why the annuity companies have significant buildings. They're smart.

Today we're talking about annuity comparisons, QLACs, Qualified Longevity Annuity Contracts, versus DIAs, Deferred Income Annuities. We are going to compare them. We're going to talk about how they differ, how they're the same, why you should look at them, and why you shouldn't look at them. In other words, the brutal facts, because, as you know, I'm the walking middle finger of annuity truth.

Today we're talking about annuity comparisons, QLACs, Qualified Longevity Annuity Contracts, versus DIAs, Deferred Income Annuities. We are going to compare them. We're going to talk about how they differ, how they're the same, why you should look at them, and why you shouldn't look at them.

Back by popular demand, Mr. FIA-X joins me on Fun With Annuities episode #76. When his interviews hit, I get a ton of emails from people who 1. Are trying to guess who Mr. FIA-X is, and 2. fans flooding me with follow-up questions.

Do you know what makes a Deferred Income Annuity different? Let us guide you through what you should know, so you don’t let confusion get in the way of your retirement plans.

Deferred Income Annuities (DIAs) are continuing to grow in popularity because they are a personal pension plan with you determining when the payments start.

It’s kind of sad that the annuity category is experiencing somewhat of a renaissance during this Coronavirus crisis. It kind of makes sense that contractual guarantees become a little more attractive when the future is a tad hazy and unpredictable. In addition, stock market volatility always makes people reassess the overall risk in their portfolio.