Top 10 Fixed Index Annuity Companies

00:00

Hi there, Stan The Annuity Man, America's Annuity Agent, licensed in all 50 states and Puerto Rico, founder CGO, contractual guarantees only. You own an annuity for what it will do, not what it might do. Question of the day is nauseating, but I'm going to answer it factually.

00:17

Hey Stan, what are the top 10 fixed index annuity companies out there? I really want to know so I can do my due diligence and research and go down the rabbit hole of nonsense. We're going to cover it after this. >> [music] >> All right. First of all, you're going to

00:41

have have to hang in there with me because I think it's important for you to understand what a fixed index annuity is and what a fixed index annuity is not, and then I will consider naming the companies.

0:56What Are Fixed Index Annuities

00:56

Index annuities were put on the planet in 1995 as a CD product, not a market product. It's a CD. Honey, did he just say CD? CD product. And since 1995, guess what the returns have been in the biggest raging bull market of all time? No. No. You're wrong about that. No. CD returns.

01:20

Duh. That's what they were designed to do. Nothing wrong with that. They're a principal protected product. They're not a security. All you need to sell a fixed index annuity is a state life insurance license. That's another topic for another day.

1:39How We Use Fixed Index Annuities

01:39

But the way that we use them as efficient delivery systems for income riders, cuz we ask two questions. What do you want the money to contractually do? When do you want those contractual guarantees to start? If you said lifetime income and 2 3 4 5 6 7 8 9 10 years from now,

01:57

we're going to quote all A+ or better income riders for the highest contractual guarantee. We don't care about the name. We don't care about the logo. We don't care about the brochure. Pri- We don't care. It's how high is the the highest contractual guarantee, A+ or better.

02:15

Highest contractual guarantee, A+ or better. Now, fixed index annuities are the most

2:19How Fixed Index Annuities Are Often Misrepresented

02:21

missold, overhyped, misrepresented product in the annuity industry, by far, not even close, and the annuity industry agrees with me. I mean, I And they're trying to do something about it, but you know, it's like herding cats out there with all these agents going,

02:36

"Well, you can get market upside with no downside. You can get upfront bonuses. You get free long-term care." Oh my god.

2:44The Truth About Upfront Bonuses

02:44

Let's break this down one at a time. Upfront bonuses candy for the stupid. If you're that stupid and gullible, just promise yourself never to go to Las Vegas. Please. You can't be that dumb. There's a hundred pennies in the dollar. Hundred. So, someone's giving you a 30% upfront

03:04

bonus, there's not 130 pennies in the dollar. They're taking something away, player, within the contract. It's It's a shiny thing. You're like You're like a puppy. Ooh, shiny thing. Ooh, let's walk toward it. Yeah, ooh, it's a It's a It's an upfront bonus. Who cares?

03:24

Who cares? When we run income rider quotes attached to index annuities, they could have upfront bonuses they don't. It's part of the overall contractual guarantee.

3:34What Long-Term Care Really Means

03:34

Let's cover the long-term care part, which is brutal. Goes like, "You get free long-term care." Let's all agree that long-term care First of all, long-term care is a health insurance product. Fixed index annuities are life insurance products. Long-term care

03:53

should be purchased through a long-term care expert that just does long-term care. I have one for you if you need to get that name, email me [email protected] and I'll point you his way. But it's not long-term care, it's confinement care. What's the difference,

04:09

son? Sounds the same. No. Confinement care in Stanglish, easy to understand Southern speak, is when you get quick Hmm. When you get get sicker, you get your money back quicker. That's all it is. So it it might be built in the policy. Who gives a rip?

04:29

When you get sicker, you get your money back quicker.

4:32The Truth About Market Promises

04:32

So we've blown up the bonus, we've blown up long-term care. Let's talk about the gorilla in the room. Mark it up side with no downside. Market participation with principal protection. Um it's just not true. It's just I mean this is what drives me crazy. Most

04:53

agents want to be stock guru gurus for some reason. It's kind of like most rock stars want to be athletes and most athletes want to be rap stars or rock stars. Most annuity agents for some reason go, "Yeah, I'm in the market now, son. I'm I'm selling index annuities." No, you're not.

05:10

Index annuities are options that do not include dividends and most index annuities the gains the how they calculate them can be changed I'm saying I'm getting choked up. I'm I'm getting ready to cry. Hold on 2 seconds. >> [cough and clears throat]

05:31

>> It's worth it, believe me. I'm getting ready to hammer it. Perrier. And that's just sparkling water, son. That cost a lot. You're damn right. The queen likes Perrier, so that's what we drink. Okay, but the annuity company can change the rules

05:51

with most index annuities after year one at their discretion. Who in their right mind would buy a potential growth product that years 2 3 4 5 6 7 8 9 10 they don't have any they don't have any clue. Who would do that? Who would buy that drink? Who would sell that drink?

06:15

So, let's get to the question. You're saying, "Stan, get to the point, son. I got somewhere to be. I got to go play pickleball, son." The thing about pickleball is >> [clears throat] >> if you're I mean I'm I'm I'm this is cracking me up. If you are a doctor that specializes in

06:32

Achilles tendons, pickleball is the best thing ever happened to you. Cuz you got people now playing that can't go left and right laterally and you can hear in the distance Achilles tendons popping. Oh, there goes another one. Oh. Be careful out there.

06:50

I do have a rule couple rules. We're going to get to the 10. Couple rules. One rule is men over 50 shouldn't wear tank tops. Should be a law. Number two. Number two. People over 50 should not do lateral movement quickly. I mean life would be if I ran under the

07:11

contractual guarantees party Stan in 28, that would be a couple of my platforms. I'm talking about lifestyle player.

7:18Top 10 Fixed Index Annuity Companies

07:18

But the top 10 fixed index annuity companies would be the top 10 income rider guarantees attached to the index annuity companies of which we ignore. There's no company out there that they got the best spread caps, participation rates, renewal rates, bloggity bloggity

07:41

bonusy googity doogity. No. Annuities are commodity products. So, the top 10 fixed index annuities are the ones you're using to solve for lifetime income in the future attaching income riders because index annuity income riders are the highest contractual guaranteed

07:58

when compared to RILAs and variables. You're buying the guarantee. You're buying the income rider guarantee. That's the top 10. And guess what, Ernie? The top 10 changes every 7 to 10 days like a gallon of milk because quotes change every 7 to 10 days like a gallon

08:16

of milk. And annuities are commodities. So, I know I disappointed you by not giving you, "Well, this company XYZ and and the flippy doodle and the unicorn and the initiator insurance company." No. By the way, don't look that up. I just made that up. Doesn't exist.

08:35

They're delivery systems for income riders. There's your top 10. And that's the truth. And if you try to do analysis to find out otherwise, you're wasting your time. Wasting it. If you don't believe me, schedule a call with me. Email me. [email protected]. I will give you facts

08:57

that you can chew on. I love it when people disagree with the facts. I'm like, "Okay, whatever." But it's the fact I've been doing this a long time. Seen it, done it. And wouldn't you think the number one agent in the country would be sitting here talking about cap

09:13

spreads, participate rates, and all that stuff, upfront bonuses. I've written a

9:17Next Steps and Helpful Resources

09:17

book on on fixed index annuities. Go to my site, download it. I explain it in pure southern English with some Stanisms. I've done a billion quadrillion videos. Run quotes. You can't run index annuity quotes cuz THERE'S NOTHING TO RUN. YOU HAVE TO SCHEDULE A CALL FOR ME TO

09:36

WALK you off the cliff of sales pitch that you got. Do me a favor. I did a video spinning clock above me is going to reveal a video that how annuities properly, factually, and contractually address inflation, the gorilla in the room. Everybody like, "What about inflation?

576sAdd a noteJump to

09:54

What about inflation? What are you doing about inflation, son?" I There it is. That's how we do it. It's the only way to do it. It's the best way to do it. Everything else is a sales pitch nonsense that will not come true. My name is Stan the Annuity Man. See you next time.

‍