How Do Income Riders Work?

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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 in Puerto Rico. I say that for

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V behind the camera and Big C as well. I

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think he's bilingual. Who knows?

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Question of the day is, how do income

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writers work? Stan the annuity man. I'm

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hearing a lot of nonsense out there.

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Stan, can you break it down as only you

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can in simple stanglish? And the answer

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is yes. And that happens after this.

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So, how do income writers work? Hey,

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Stan, first of all, can you slow it down

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and tell us what an income writer is?

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Yes. An income writer is an attachment

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to a policy. You can't just say, "Then I

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just want the income writer. That's it.

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Just buy that." You can't do it. It

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rides on top of a policy and it provides

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lifetime income. So draw a line down a

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blank sheet of paper.

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Income writer on this side, index

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annuity, variable annuity on this side.

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Could care less. Could care less. Income

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writer contractual guarantee. Only look

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at what a policy will do, not what it

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might do. Will do. Might do. Will do.

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Might do. Will do.

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Contractual guarantee. It's the income

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writer. Once again, don't care about the

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delivery system. What we have found

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though is index annuities are the most

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efficient and cost-effective delivery

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system for the income writer. Income

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writers come with a fee for the life of

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the policy. But that fee comes out of

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the index side.

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Net transaction to you. Fees don't come

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out of the income writer side. Fees come

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out of the index side.

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Income writer is a commodity product. So

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we ask two questions. What do you want

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the money to contractually do? When do

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you want those contractual guarantees to

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start? From those two answers, let's

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just say you want lifetime income. You

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want income to start in six years, seven

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years, five years, whatever down the

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road. We're going to quote income

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writers. We're going to quote all income

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writers A+ or better for the highest

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contractual guarantee. We don't care

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about the name. We don't care about the

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brochure. We don't care about the logo.

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We care about the number. A+ or better.

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Income writers. Now, income writers can

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have what's called rollup rates. Doesn't

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matter. People say, "Well, Stan, this

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old boy down here got one with a 10%

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rollup rate." That's not yield, Ernie.

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Let me give you an example that you can

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grasp onto and hug like a little kitten

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and understand it and pet it and love it

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like a kitten.

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Social Security, the best inflation

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annuity on the planet that all of you

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already own. So, please don't say you

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hate all annuities because you already

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have one. But let's say say you're 65

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and you can turn it on at 70. It grows

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by Uhhuh. Fill it. Yeah. Uhhuh. 8%

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while you wait. That's a rollup rate. Is

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that real money? Yes or no? No, Stan.

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It's a rollup rate and I just get more

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money when I'm 70. Correct. Mundo.

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Income writers have rollup rates. Is

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that real money? No, Stan. All that

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means is when I get older, I get more

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money because I'm older. Correct. Mundo.

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See how that works?

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But here's the sales pitch. That's just

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it's so low IQ that when I repeat it, I

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think I I I I lose IQ points. Good news

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is I can, you know, I can afford to do

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that, you know. Hey, Mr. Jones, you you

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get this upfront bonus and you get uh

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mar upside with no downside and you get

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a roll up rate of 8% in lifetime income

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with long-term care. Garbage bonus.

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Candy for the stupid. There is no upside

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market upside with no downside.

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Long-term care is a health insurance

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product. So that's fraudulent. And the

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rollup is not yield. Here's one for you.

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Income writers, last time that someone

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in the industry told me this fact, I

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fell on the ground in a fetal position

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crying. Here's what they said. Stan,

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over 60% of people with income writers

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never turn them on.

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What?

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Here's why. Johnny Apples Seed and

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Joanna Apples Seed agent, they're not

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married, they're brother and sister, but

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they're at the Bad Chicken Dinner

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Seminar. They're selling the rollup as

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yield. Don't believe me? I had a call

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the other day and Ernie, oh yeah,

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saying, you know, I see your miger rates

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at five. This is percent and this and

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that and 6%. Well, I got one over here,

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son, for eight. I'm like, Ernie, that's

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a that's an income writer rollup rate.

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That's not yield. Yeah, it is yield. I

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see it on my statement. It's yield. No,

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it's not. And if you're out there

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saying, "You're wrong, Stan." Call the

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company, not the agent. Please, please

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call the company and say, "That money's

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been growing by 8% on the rollup rate on

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my income writer. Can you just send me

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that lump sum, please?" Now they can't

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remember my social security

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um example rollup rate

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income writer rollup rate same thing.

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Here's the other thing about income

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writers. When you attach an income

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writer to an index annuity the income

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writer is always going to be a higher

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number than the index annuity.

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99.99999999%

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of the time. Got a call from a lady the

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other day. hates her index annuity

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because of course it's not performing as

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promised. But her income writer was way

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above that. And the reason that that's

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important to know is annuity companies

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do that for a reason. They want to make

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it sticky. Meaning if you transferred

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that index annuity, the income writer

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amount doesn't transfer. Hello. Just the

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index side. Here's another one you might

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want to stick in your, as they said,

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they used to say this in the south,

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stick this in your pipe and smoke it.

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Who smokes pipes anymore, though? I

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mean, if anyone was going to smoke

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pipes, it'd be me with an ascot with a

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with like a annuity man logo. Okay.

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Income writers, remember the draw line

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down, blank sheet of paper, index

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annuity, which we don't care about.

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Income writer, we do care about the

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contractual guarantee. This part's not

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covered by the state guarantee fund.

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Hello.

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That's the reason we're A+ or better

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when we do lifetime income. What is an

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income writer and how does it work? An

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income writer is a contractually

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guaranteed

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income for life strategy

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for typically income at at a future

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date. If you answer the two questions,

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what do you want the money to

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contractually do income? When do you

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want those contractual guarantees to

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start? five years, six years, seven

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years. We're going to quote income

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writers and DAS and maybe Ulax with that

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because Ulax are a DA that you use

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inside of your IRA. Those are income

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later products.

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Income now products is immediate

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annuities. Income later products, income

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writers DSQAX. Just remember, income

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writers are commodity products. You shop

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them all for the highest contractual

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guarantee, A+ or better. Period. If you

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go to my site, you can do that. Pull up

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the income writer quote system. Run it.

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Look at the highest contractual

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guarantees. Now, we show all carriers,

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but we're going to choose A+ or better.

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We're the top. We're the top I'm the top

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agent in the country. I'm going to show

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all carriers, but we're going to choose

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A+ or better. Go to my site. You can

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download a book on income writers that I

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wrote. You can download a book on index

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annuities that I wrote. You can download

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a book on the other four products. So,

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the six total owners manuals you get for

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free. You can sign up for my next live

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event. You can sign up for my Saturday

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newsletter. You can book a call if you'd

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like. You can email me if you don't want

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to do any of those.

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Stantheanuityman.com.

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But the best thing that you can do on my

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site is get these quotes and these

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contractual guarantees anonymously.

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Above my headspinning clock is a is a

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video that I did on this. We are the

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only ones that don't play games here.

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Retirement's not a game. It's not a

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movie. Okay? We're serious about this.

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You can get the best quotes on the

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planet by just putting in your date of

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birth, gender, and state of residence.

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No phone number, no name, no email.

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We're the only ones that have the guts

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to do that. We don't play games and have

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you sign up for an account and things

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like that. We are the only ones. I want

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to educate you and edutain you at the

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same time. And I want you to be a

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client. But that's step one. Step one

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is, "Hey, Stan, I'd really like to know

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what the numbers are, but I really don't

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want to talk to you right now. I just

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want to know what the numbers are." Hey

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Stan, I'd really know want to know what

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the contractual guaranteed numbers are,

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but I don't want to give I in the last I

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mean I've been hacked. I don't want to

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give away my information. I don't trust

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the internet. I don't trust the hackers.

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I don't trust the bots. Me neither.

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That's why we do it like we do it.

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Because the other nasty secret, people

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that have you sign up, most likely

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they're selling your names for $150 to

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$300 a pop. Wonder how Johnny Apples

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Seed gets your number? Get your email.

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Wonder how that happens exactly. We're

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going to do away with that.

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Watch that video. Get in contact with

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me. Think about it. Think about hiring

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us as your annuity specialist. Been

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doing it for a long time. Top agent out

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here. Would love to have you as a

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client. See you next time.