The 3 Phases of Income Rider Taxation: Shootin’ It Straight With Stan

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Welcome to Shooting it Straight with

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Stan. I'm your host Stan the Annuity

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Man, America's annuity agent, licensed

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in all 50 states and Ptoica,

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founder of Contractual Guarantees Only,

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which means that when you look at

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annuities, you own them for what they

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will do, not what they might do. Do not

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buy hypotheticals, theoreticals,

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projections, back tested, unicorn

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chasing the butterfly, too good to be

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true nonsense.

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Because when you buy an annuity, you're

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going to get a policy. See, that policy

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is a contract from a life insurance

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company that issues the annuities. So,

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buy it for the contractual guarantees.

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Don't buy it for the dream. You're going

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to own the contractual [clears throat]

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realities.

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This is water. Hold on.

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Topic of the day. The three phases of

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income writer taxation.

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Stan, what's an income writer? It's not

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somebody that's on the bus. You know

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what I'm saying? Income writer is a

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contractual guarantee, lifetime income

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attachment to a policy. We use indexed

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annuities, fixed index annuities to

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deliver that income writers um

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guarantee. Draw a line down a blank

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sheet of paper visually. This side's the

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indexed annuity. We could care less

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about that side. We don't care. We won't

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talk to you about it. We won't talk

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about it in caps and spreads and

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participation rates. Nonsense. It's a

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bad CD product. But it delivers

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efficiently and cost-effectively that

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income writer guarantee. So again, index

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annuity la

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income writer income writer income

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writer.

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So for lifetime income, we're quoting

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all carriers A+ or better. Income

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writers and then looking for the highest

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number. A+ or better highest number. A+

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or better highest number. Ignore A+ or

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better highest number. Ignore. Ignore

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the index annuity side.

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That's it. That's how easy it is. If you

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asked the two questions we asked, what

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do you want the money to contractually

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do? When do you want those contractual

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guarantees to start?

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From those two answers, we can determine

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what product type or strategy is going

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to provide the highest contractual

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guaranteed income.

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But there's three phases of taxation on

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this side.

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So the first phase when you start your

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lifetime income stream will be the gains

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coming out last in first out. Gains

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first coming out. That's the first stage

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of taxation with income writers. So it's

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let's just say you bought it for seven

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years it deferred for seven years. It's

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gains first coming out. [clears throat]

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The second stage of taxation is when you

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get to the principal amount. Okay? and

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that's not going to be taxed at all

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because you're in the principal amount.

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Now, when you're in the principal,

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you're also in into the index side and

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that's going to be either zero or one or

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two. So, you got to factor that in. But

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in essence, there's not going to be

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taxes because you're just taking down

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the principal. The third phase of the

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taxation is when you draw the account

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down to zero, then all of it's tax.

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All of it's taxable because you're in

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the annuity company's pocket.

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The true value proposition of a lifetime

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stream annuity, lifetime income stream

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annuity, and that's SPSDS QAX income

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writers, which we're talking about, is

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when you draw the account down to zero

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and the annuity company's still on the

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hook to pay. There's no ROI, return on

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investment. There's no ROI until you

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die. Up until that point, it's a pure

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transfer of risk for as long as you're

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breathing or on a respirator. Well, S,

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how about if you're on a coma, one of

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those those iron lung things, but you're

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still breathing. Annuity is still going

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to pay.

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Well, I don't know if that's a good

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investment. First of all, annuities

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aren't investment. They're contracts.

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Lifetime income, which annuities can the

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only product that can provide lifetime

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income. Please don't say 30-year bond.

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What if you live 31 years, Chester? Slow

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it down. It's the only product category

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that can pro provide a lifetime income

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for as long as you're breathing. And if

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you set it up joint with your spouse, as

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long as one of you is breathing, and we

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can set it up contractually so that when

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the second spouse dies, whatever's left

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in the account goes to the family, not

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the annuity company.

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We can customize the structure,

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but I wanted to cover the taxation of of

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income writers because there's three

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levels. The goal is with all lifetime

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income products is get to level three.

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Level three is the accounts at zero and

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they are on the hook to pay. They

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meaning the annuity company.

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That's the value proposition.

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There's no ROI until you die.

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Just like social security, it's the best

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inflation annuity on the planet, but

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it's a lifetime income annuity. It's

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going to pay as long as you are

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breathing, right? Same thing. Lifetime

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income with with annuities.

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and annuitities. We have a monopoly on

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life income. I'm the only one out here

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that blows the horn for that and pounds

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the table for that. Everyone else is

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trying to sell growth and potential and

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hypothetical and upfront bonuses. No,

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we're solving for longevity risk. What's

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that mean, Stan? I hear that all the

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time from the financial journalist.

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What's solving for longevity risk mean?

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It means the fear of outliving your

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money. And in chapter two of your life,

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you better put an income floor in place

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that's going to be there as long as you

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are breathing.

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And if you do that, you'll also be a

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better investor if you stay in the

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markets with the other part of your

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money. Never ever buy an annuity for

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market growth ever. There's three types.

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Don't do it. We use index annuities as a

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delivery system for the income writers.

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Now, you can go to my site. I've written

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a owner's manual on income writers also

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on other products. You can download them

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all for free. You can run income writer

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quotes 247 365 without putting in your

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name, your email, or your phone. You can

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get real quotes. I'm the only person

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doing that. Everyone else has sign up.

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Sign up or create an account. Give me a

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break. I'm not in the data business. I'm

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in the annuity advice business and the

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annuity recommendation business. We sell

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more annuities than anybody on the

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planet. Why? Because they're contracts.

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Why? Because you own them for what they

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will do, not what they might do. Why?

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Because you make your decision on your

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terms and on your time frame. And now

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you have a place to go. Because I just

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flipped the site. I just redid the site.

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We've been working on it a while. And I

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made the decision. We're not going to

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get any. We're not going to ask for

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anyone's information.

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If you want to deal with us, and you

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should and you should and you should

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consider us because I am going to shoot

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it straight. I'm telling you, I'm going

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to tell you the truth. You can now run

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quotes and get real numbers and not be

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worried about your information on the

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internet. Because other sites, what do

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what do they do? They take your

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information, they sell it for $150 to

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$350 per lead, and they sell it to six

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people at a time. pretty good business

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if you're a misenthrope

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or a sociopath.

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But yeah, there's three levels of income

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writer taxation. You know, I'd like to

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have that conversation with you.

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Schedule a call. You can book a call

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with me. If you don't get me, demand me

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if you want to talk to me. Some people

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don't. That's okay, too. Um, and we'll

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go over everything. We go slow. We go at

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your pace. If you're ready to buy,

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great. We can get the application going.

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And by the way, my staff in the Las

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Vegas office, we have a headquarters in

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Las Vegas. Only office, we call it the

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headquarters. Um, everybody in the

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office is licensed in all 50 states, not

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on commission. Best staff in the

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business. We're triple. Right now, we're

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triple the amount of staff of our

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closest competitor and we're hiring

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every single month.

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Why?

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Because you need to not be worried about

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things. You need to not worry about the

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application. We'll do it from start to

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finish. Fastest, easiest application

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process in the business. We do it

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everything. Soup to nuts, turnkey.

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They're here to help. And and we're open

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12 hours a day. East Coast 8:30 in the

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morning to 8:30 at night, which means

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West Coast 5:30 to 5:30. We're up.

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That's Monday through Friday. 12 hours a

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day, eight hours on Saturday. Nobody's

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even close.

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Why? Because we want to work around your

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schedule.

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and we will right now we're running we

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can do same day applications. Um

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we'll see what happens. You know the new

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site is creating a lot of buzz and

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there's a lot of quotes and there's a

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lot of visitors and there's a lot of

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activity and I'm hiring as fast as I

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can. But I still own the company. My

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wife and I still own the company. It's

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familyowned. We do have a good um

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continuation plan if something happens

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to me. You know, I tell people all the

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time this is like Jimmy Dean sausage.

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Jimmy Dean's been dead for 12 years.

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They sell a crapload of sausage, no pun

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intended. When I when I die and go to

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annuity wherever, heaven or purgatory,

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however you want to look at it, the

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annuity man will be alive and kicking

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from a brand standpoint. So, they'll

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always be here. All right. So, income

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writers, great product, flexible

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product, lifetime income product

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delivered by an index annuity, which we

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hold our nose on and we only look at the

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income writer side. But let's have that

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conversation. Schedule a call call with

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me that is shooting it straight with

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Stan. My name is Stan the annuity man.