When Annuities Get Real

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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. So glad you joined me.

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Today's topic comes from a client of

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mine. I was on a phone call with her

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today and she said something that just,

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you know, I said, "Stop, stop talking. I

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got to write this down because most of

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my really good ideas for videos come

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from you." because when I get on the

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phone with you, I'm using my mouth and

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proportion and my ears in proportion.

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Two ears, one mouth. I'm listening to

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you. And she was looking at MAS

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multi-year guarantee annuities. And she

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said, "Well, if push comes to shove,

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I'll take the 10% out if needed." That's

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the reason I'm choosing this one because

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it has that that feature that you can

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take out 10% penaltyree. I said, "Wait a

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minute. That's a good way to look at it.

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A push come to shove annuity. What does

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a push come to shove annuity? We all

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have heard this. Well, a push comes to

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shove, I'm going to do that. Well, a

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push comes to shove, I'm going to kick

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that guy's butt. Well, if push comes to

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shove, I guess I'll just leave that job

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and go to another job. Well, if push

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comes to shove with my MA, I want to

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have the ability to take money out

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penalty-free. So, let's talk about

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MIGAS. Multi-year guarantee annuity.

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Someone said, "Is a MA an

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annuity?" The A stands for annuity.

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Multi-year guarantee annuity. In the

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South, we call them fixed rate

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annuities. That's a fixed rate you're

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getting out

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there. Yeah. You put your money in the

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thing and and a nerdy company gives you

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guaranteed interest rates. A fixed rate

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and nut. I don't want to talk about

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this. A migga. Hey, y'all. I lived in

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Charleston for a while. They talk like

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this in Charleston like fog ho and leg

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ho. They're like, well, you know, I

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don't really know what a MAGA is, but I

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do know what a CD is, and I do know what

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a uh fixed rate annuity is. That's the

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Falhorn Legghorn um Charleston, South

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Carolina approach.

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But um Jan, who is I won't give away her

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last name, but she's a fantastic lady

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and just just fun to talk to. And you

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know, when you get me on the call and

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you book a call with me, it's not going

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to be like, "How are you doing? Tell me

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about your No, it's going to be fun if

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you want it to be." But I do like people

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that sometime answer the phone go,

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"Hey." I mean, they set an appointment

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to talk with me like, "Hey." I'm like,

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"Really? Come on. It's better than that.

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Life is good, man. Glass half full." But

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with

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MA's CDs, annuities, the annuity

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industry version of a CD, don't make it

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any more difficult than that. Everyone's

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like, well, at the end, do they make you

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annuititize it? No. You have full

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control over it. You can transfer back

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to where it came from or we can roll it

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to another one. Well, I mean, is there a

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trigger function where it triggers into

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something else? No, there's no trigger

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function. Is there a trigger function on

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your CD? No.

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With CD, you give the bank or the

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brokerage firm money and they give you a

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guaranteed interest rate for a spec

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specific period of time. With the

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multi-year guarantee annuity, you give

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the life insurance company who issues

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annuities a a lump sum of money and they

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guarantee an interest rate for a

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specific period of time. If you want to

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go to my site, the annuity man, and look

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for free 24/7, 365 at the best rates for

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your state, you

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can. But what Jan said was good, and I

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liked it. Push come to serve annuity.

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She said, "Hey, let's lock in this

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three-year rate. I like this company,

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and they allow me to take out I don't

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have to, but I can take out 10%

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penalty-free on an annual basis." And

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then she said, "And if push comes to

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shove, I'll just do that if I need that

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money, but I hope that doesn't happen.

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But Stan, if push comes to

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shove, I'm going to do that." So, from

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here on

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in, guess what? Annuities that provide

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you the liquidity either taking out

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interest or 5% or 10% those are now

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called push comes to shove micas or push

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comes to shove fixed rate annuities like

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they say in Charleston you know I love

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Charleston you ever been to Charleston I

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mean if you go on the east coast

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Charleston Savannah St. Augustine, some

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of the greatest port towns of all time

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and some of the greatest food if you

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like to eat, which I do, period. Um, but

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I

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digress. So, some multi-year guarantee

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annuities, CD annuities, fixed rate

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annuities, they do not allow you to take

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out interest. They're kind of lock and

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load. You know, that's that's another

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one. That's my when I I lived in Wyoming

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for let's lock and load that one. Let's

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just lock and load. They're talking

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about guns. Okay. lock and load. Um,

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you're locking and loading so that the

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interest compounds and you're not going

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to you don't plan to touch

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it. But if you need a push comes to

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shove annuity with the feature of

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liquidity, not saying that you need it,

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okay? But it's there push comes to

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shove, take it, then that would be what

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we would do. I'll give you an example. I

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was on the phone again with not Jan

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because Jan's fantastic. I was on the

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phone with another person. They were

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fantastic, too. And and before I talked

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to Jan and got the push comes to shove,

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which we're trademarking Jan and you'll

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the royalty check is in the mail,

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promise you. Um they're like we were

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looking at five-year guarantees for

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their state and all MIGAS and fixed rate

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annu fixed rate

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annuities, CD annuities. Um every state

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has a different um list because they

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have to be approved at the state level.

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and we were looking at a five-year

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multi-year guarantee annuity and there

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were a lot of the same interest rate at

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the top with different carriers. Some

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did not allow you to take interest out

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and some did. So I said to the

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gentleman, I said, "Well, I mean,

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because they're kind of the same, they

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are. Let's choose the one that gives you

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the ability to take interest out or

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money out penalty-free, even though

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that's not the plan." Of course, he

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said, "Stan, that is a fantastic idea. I

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can't believe you just came up with that

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on the fly." And I said, "That's what I

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do." But seriously, it's a push comes to

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shove annuity. Jan, thank you so much.

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Because the what I try to do out here as

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Stan the Annuity Man, America's annuity

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agent, licensed in all 50 states,

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married to the lovely Christine, with

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two lovely daughters, Belle and Brena,

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who are no longer in the

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house, but I love them.

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That's what I try to do is make

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annuities simple. Make them

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understandable. Strip out all the

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complexity. And I love the simplistic

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annuities. I always say if you can't

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explain it to a nine-year-old, don't buy

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it. No offense to nine-year-olds, but

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now we have a new one. A push comes to

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shove Micah. A push comes to shove fixed

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rate annuity. A push comes to shove

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annuity CD.

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push comes to shove, it allows you to

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take money out if you need it, but you

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don't have to. But if push comes to

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shove, you can. My name is Stan the

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annuity man. See you next