Fixed Index Annuity Rates

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Hi there, Stan the Annuity Man,

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America's annuity agent, licensed in all

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50 states of Puerto Rico, founder of

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CGO. Contractual guarantees only. You

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only you own an annuity for what it will

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do, not what it might do, not the

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hypotheticals and theoreticals, never

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for growth.

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Today's topic is a disturbing one, but

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only I, Stan the Annuity Man, can

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address it factually,

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objectively, and contractually. It's

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what are the best fixed index annuity

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rates.

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[sighs]

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What a loaded question it really is

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because most most agents and advisors,

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they couldn't explain an index annuity

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to you, the details of it to save their

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life. But I can't. So, we're going to go

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through it after this.

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[music]

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So, first of all, let's talk about fixed

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index annuities. The go- go product

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right now. I went to this this steak

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dinner seminar. Do I got some flat m it

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was good, son? Medium rare. This go boy

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said, "Hey man, market upside with no

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downside. You got principal protection.

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You're playing the market. Why wouldn't

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I do that in the volatility son? Because

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it doesn't work. Fixed index annuities

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were put on the planet in 1995 to

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compete with CD returns to compete with

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CD returns to compete with CD returns.

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That's not what you hear. You hear,

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well, you know, look, look right here.

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You know, if you'd owned it 10 years

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ago, projected, you know, 10 years from

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now, this what it could do. This is what

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it might do. This what it should do. All

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of that is crapola poo poo. All right.

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You own an annuity for what it will do.

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So the rates r a tees question. What's

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the best fixed index annuity rate, son?

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Well, index annuities have three levers

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that they play with

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um to limit your return. Caps, spreads,

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and participation rates. If you want to

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go down the rabbit hole with that, I've

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done a numerous videos. Just go to my

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YouTube site, stantheanuityman.com,

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and uh my my editors will show you how

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to do that on the screen and then go to

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the search bar, type in fixed index

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annuities, and you you'll just go down

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the rabbit hole of facts. I've done

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these before, but since you ask about

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fixed index annuity rates, somebody's

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whispering in your ear that this is the

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best thing since sliced bread, and it's

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not, but it's pitched that way. you know

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the stair step. You've seen that chart

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stairstepping it.

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There's nothing guaranteed from a return

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standpoint with index annuities except

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the except the principal protection part

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which is fine because it's a CD product.

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But if you said, "Hey, I'd like a I'd

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like a good return stand contractually

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and principal protection." Well, that's

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a ma multi-year guarantee annuity.

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That's the annuity industry version of a

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CD. I call them annuity annuity bonds,

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but it's not an index annuity. The only

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reason an agent or adviser would try to

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convince you to do something other than

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Amiga for principal protection is the

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commission. Highest commission product

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out there. Doesn't make them bad. Just

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all commissions are built in. But that's

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the agenda. When it comes to rates,

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upfront upfront bonuses mean nothing.

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It's candy for the stupid. It's not real

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money. There's 100 pennies in the

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dollar. Someone giving away a 30%

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upfront bonus index annuity company

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doesn't mean that magically they found

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30 more cents in the dollar. It's 130

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cents.

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Is this part of the overall contractual

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guarantee?

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Rates come down to caps and spreads and

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participation rates on an option.

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Options can be one year, two year, three

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year, four year in length. Some of them

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are longer, but most are one year

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pointto-point

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lock in contract anniversary date.

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You're an annuity unit for the other

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364. Lock it in on 365. You're slave to

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the day. Hope that's a good day for you.

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If you get two to 4% every year average,

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good for you. It's worked. How do we use

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them? We only use index annuities as a

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delivery system for income writers. If

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you answer the two questions that we

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always ask, what do you want the monies

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to contractually do? When do you want

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those contractual guarantees to start?

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And if you want income down the road,

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income's your first answer and down the

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road second answer, six years, whatever,

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five years, four years, we're quoting

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income writers, but they have to ride on

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top of a policy. And that's an index

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annuity. We do not look over here.

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Contractual guarantees only

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non-contra. I mean, nothing nothing

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happened in here. You never buy an

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annuity for growth. I love the veiled

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sales pitches that agents will give.

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Well, reason we're buying this is the

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growth from the index side is going to

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offset the income. That's so much

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[snorts] crap. I don't even know what to

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do with it. And I I don't know if

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they're George Castanza from Castanza

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from Seinfeld that said, "If you believe

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it's the truth, then it's not a lie."

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That's what they're doing. Somehow

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they've convinced themselves, "Yeah,

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that's the way it's going to work." It's

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never worked. What's the best rates

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for a fixed index annuity? Here's the

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here's the interesting part. For most

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indexed annuities, most it's a

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year-to-year contract. So, when you go

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into the first year of the policy, and

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typically it's a 7 to 10 year surrender

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charge. Typically

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when you go into the first year you know

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what that cap spread participation rate

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whatever is the majority vast majority

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the annuity company can change the rules

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on how that g those gains are calculated

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wait for it at their discretion.

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So in essence you're buying a one-year

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guarantee. You know what it's going to

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be. You don't know if it's going to

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happen, but at least you know what the

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potential is in contract.

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The other nine years, you're at their

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discretion. Who signs off on that? I

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mean, who thinks that's right? That's

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the reason we use index annuities to

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deliver the contractual guarantees of an

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income writer. If we could just buy the

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income writer loan, we could. We would.

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But income writers ride on top of a

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policy. What's the best rates? I guess

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you could go out there and find out what

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the best first year rates are.

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But if you are delusional enough to

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think that you're replacing your market

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returns with that with index annuities,

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do you see that burp? I burped. That was

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cool. Um, I was I was almost throwing up

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because I get I you know I start like

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mouthwatering when I start talking about

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this because it drives me crazy how many

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people are putting their money there

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hoping it's going to work like the boy

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said like the gal said.

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I got a call the other day, lady 80

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years old from South Florida, female

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agent, put her in 80% of her money into

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indexed annuities.

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What? What is that? I've said this

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flippantly before and I mean it.

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If Bernie Maid off was back, if he was

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here again, he he would consider selling

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products that have all this potential

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that never happens, but principles

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protect it because you can't sue him.

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You didn't It didn't work like you said

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it does, Bernie. And Bernie's going to

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say, "Sue me. It shouldn't be that way.

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It's a good product if explained for the

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CD returns as you're going to get, but

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you should also be shown from a

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fiduciary standpoint. Migas,

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most agents out there, the vast majority

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of their business are index annuities

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because it's the highest comm built-in

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commission on the planet. Do me a favor.

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If you really want to dig deep with

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index annuities and talk to one of the

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five people on the planet that actually

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understand them, I don't know the other

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four.

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[snorts]

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I'm one of the five. Then send me an

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email stantheanuityman.com.

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Schedule a call and if it goes to one of

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my teams, say, "I want to talk to Stan.

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I want to talk to them about index

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annuities." They'll they'll they'll set

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it up.

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We'll get down and dirty with facts,

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man.

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But don't don't sit out there and go,

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"Well, the rates on this thing look

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pretty good." And I'm going, "How about

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for years two through nine? How about

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that?

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How about that one?" I mean, you need to

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understand it. Download my book, read

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the book, watch the videos, schedule a

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call with me.

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But stop trying to buy growth with

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annuities. Annuities are for contractual

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guarantees. Do me one last thing. Above

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me spinning clock is a video I did on

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inflation, how annuities address

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inflation. And guess which ones do not?

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Indexed annuities. I love the sales

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pitches out there. Well, when the index

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increases, you know, the the the income

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increases. Come on, man. It's garbage.

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There's one company out there that

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pushes that and they that's just full of

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crap. They know it. I talked to an

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executive that used to work for them,

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not going to mention names. He left and

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went to another company. I asked him, he

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goes, "Yeah, that's a bunch of crap." Of

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course it is. If it sounds too good to

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be true, it is. Every single time. Keep

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watching these videos. I put one out

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every single day. seven days a week. I'm

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not kidding. And they're all original. I

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try to educ educate, editain, and we

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want you as a client if it works out. My

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name is Stan the Annuity Man. See you

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next time.