In case you haven’t heard, the Fixed and Fixed Indexed Annuity market is off to a record start for 2023. A recently published article by Wink, Inc. reported the first quarter sales of all deferred annuities were up 41.9% over this time period last year, with non-variable annuity sales being up 98.2% over this same time last year. Multi-year guaranteed annuities lead the growth trend being up 173.4% over last year. This trend can be attributed to the strong rates of return that can be found in these products today, with fixed rates at or above 5% guaranteed with no risk. Annuities have long been a great vehicle for the “safe portion” of a clients’ investment portfolio, and with rates like these, clients can rest easy knowing this portion of their portfolio is earning a great return. Contact the experts at Wholehan Marketing today to learn what annuities do for your clients!
Getting Familiar With Life Insurance Riders
Cody Smith Life Insurance Consultant When it comes to life insurance, some might already know that term life and permanent life are the two most common types of policies. Term offers protection for a specified number of years while permanent offers...