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Insights & Education

Talk to your clients about the value of annuities

September 10, 2022 | 2 min read

 

Annuities can play an important role in a client’s overall retirement portfolio

If clients are facing an income gap or they want to help enhance their retirement income security, they may want to consider allocating a portion of their portfolio to an annuity for protected lifetime income. Annuities can provide an additional source of income beyond Social Security.

Engage clients as they discover how an annuity with protected lifetime income can help them live the retirement they want with these short videos.

 

Guarantees are backed by the claims-paying ability of the issuing insurance company.

 

Annuities are long-term insurance products designed for retirement. In exchange for your premium, the issuing insurance provides a stream of guaranteed income payments. Early withdrawals may be subject to withdrawal charges. Partial withdrawals may reduce benefits available under the contract as well as the amount available upon cancellation of the contract/policy. Withdrawals of taxable amounts are subject to ordinary income tax, and if taken prior to age 59½, an additional 10% federal tax may apply.

 

M6395F3A (9/22)

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Corebridge Financial, Inc. and its subsidiaries provide a wide range of life insurance, retirement solutions, and other financial services. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks, and provide for retirement.

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