Hey Stan, do you have a video showing what happens to the rider if you take a pre-income withdrawal out of a fixed indexed annuity? Does it reduce the income base and benefit amount?
Eric - I do not have a video about that. It will affect the income base/benefit amount. How pre-income rider withdrawals affect the rider varies by product. Check with the carrier to find out how it will affect the income rider/policy. Thanks for watching.
Can you get a lifetime income rider for MYGA?
Great question, please feel free to book a call with me to discuss:
www.stantheannuityman.com/book-a-call/
@@StanTheAnnuityMan I did book a call, it will be this Friday @ 2 pm
Hey Stan, do you have a video showing what happens to the rider if you take a pre-income withdrawal out of a fixed indexed annuity? Does it reduce the income base and benefit amount?
Eric - I do not have a video about that. It will affect the income base/benefit amount. How pre-income rider withdrawals affect the rider varies by product. Check with the carrier to find out how it will affect the income rider/policy. Thanks for watching.
If the fee for the rider is for the lifetime of the annuity, why not just annuitize the FIA when you want income and don't buy a rider?
Great question, please feel free to book a call with us to discuss!
www.stantheannuityman.com/book-a-call/
I'd much prefer that you answer the question here so that anyone that watches this video can also benefit from the answer.
If you get sicker, you get your money back quicker