Retirement planning basics
Working with clients on a cohesive retirement strategy is a smoother process when you are fully prepared to speak to all the options. Our resources can help clarify the role of annuities and facilitate productive conversations.
Top 3 retirement planning benefits offered by annuities
If your clients aren't familiar with utilizing annuities as part of a retirement strategy, it can help to introduce them in terms of the key benefits they offer. You can easily turn these key retirement benefits into talking points:
Income options up to a lifetime
Guaranteed death benefit
Explaining the 2 phases of annuities
Basic annuity designs: immediate or deferred?
There are two types of high-level annuity designs to consider, depending on client needs and retirement timing.
Compare features for the ideal fit
Use this chart to help determine which type of annuity best meets your clients’ retirement needs.
Options for single-payment purchase or installments
Minimum guaranteed interest rate
Market-linked growth potential
Registered index-linked annuity
Other related topics
Developing a holistic retirement plan
Key decisions in retirement planning
Understanding the basics of life insurance
We're here for you
Everyone deserves peace of mind when it comes to safeguarding what’s most important. We’re ready to help you deliver the protection and security your clients deserve. Reach out to us anytime for questions and support, and we’ll get in touch with you as soon as possible.
*An immediate annuity will not have an accumulation phase
Annuities are long-term insurance contracts intended for retirement planning. Annuities also may be subject to income tax and, if taken prior to age 59 ½, an additional 10% IRS tax penalty may apply. Because Protective and its representatives do not offer legal or tax advice, it is important that you talk with your own legal and tax advisor about your specific tax situation.
Investors should carefully consider the investment objectives, risks, charges and expenses of a variable annuity and the underlying investment options before investing. This and other information is contained in the prospectuses for a variable annuity and its underlying investment options. Prospectuses may be obtained by contacting PLICO at 800.265.1545.