Make sure your clients count on you as their “financial closer” as they make plans to turn their hard-earned savings into an income stream for retirement.
After all, when they’re making these types of crucial decisions, you want to be the financial professional they’re relying on to “save the day” when it comes to their financial strategy.
To help you step up to this status, Sammons Retirement Solutions has developed 4 FREE Tools to help you address some of the most common problems clients face as they think about turning their retirement savings into a guaranteed income stream.
| • | Addressing the Retirement Income Crisis—This whitepaper illustrates the reasons many Americans are falling short on their retirement funding goals. It also highlights ways you can help your clients add guaranteed retirement income streams to their strategy. |
| • | Charting Retirement Income Needs—This easy-to-understand infographic helps your clients more clearly see the potential pitfalls they’ll need to plan for when setting up their retirement strategy. |
| • | Are You Worried about Outliving Your Savings?—This helpful guide shows clients the options available to help them make sure they’ll have enough income in their retirement. |
| • | Determine Your Clients’ Probability of Retirement Success—This overview helps you compare different portfolio allocation strategies to pinpoint an optimal investment strategy for retirement confidence. |
What product solution can help address these client problems?
The LiveWell® Preferred Fixed Index Annuity can help by offering your clients 4 attractive advantages:
| • | Flexibility with penalty-free withdrawals starting in the 2nd contract year.1 |
| • | Reassurance with a nursing home waiver that starts after the first contract year. This means clients have the option to withdraw up to 100% of their accumulation value—with NO surrender charge—if they meet the requirements for activating the nursing home waiver.2 |
| • | Confidence that their money is protected against market losses but can capture growth potential. |
| • | Guaranteed lifetime income with the optional LiveWell Income for Life guaranteed lifetime withdrawal benefit (GLWB).3 |
The story of Mariano Rivera was highlighted as part of the “Helping Client Families Navigate Challenging Situations” Toolkit. If you didn’t see information on this FREE Toolkit, be sure to claim your complimentary copy by calling our Sales Desk at 855-624-0201.
We’ll be happy to send the 11 Guides and Tools – at no cost to you, of course – to help give you even more ideas on how to step up to the plate as the “financial closer” for your clients.
Would you like to talk about a challenging case or get more ideas on how to position yourself as the “financial closer” for your clients?
Just call 855-624-0201.
“Mariano Rivera,” sabr.org. Author: Alan Cohen. Accessed September 15, 2023, at https://sabr.org/bioproj/person/mariano-rivera/.
1 Beginning in the second contract year, 10% of the beginning-of-year accumulation value may be taken each year.
2 The nursing home waiver provides an option to withdraw up to 100% of the accumulation value without a surrender charge if the client meets the necessary requirements. Please see product-specific brochure for further details on the nursing home waiver. If 100% of the accumulation value is taken, it’s considered a full surrender. This feature is included at no additional charge, but it is not available in all states. If joint covered persons are named on the annuity, the waiver will apply to the first covered person who qualifies for the benefit.
3 This rider is available for an extra cost. GLWB cost: 1.20% of GLWB taken from accumulation value each contract anniversary as long as rider is in effect. Not available on 5-year contracts.
For purposes of the LiveWell Income for Life rider, “Income” refers to the contractual guarantee provided by election of lifetime payment amounts (LPA). It is not the same as and does not refer to interest credited to the annuity contract. Have your client consult with their own tax advisor regarding tax treatment of LPAs, which will vary according to their individual circumstances.
As independent financial professionals, it is up to you to choose whether any of the sales concepts contained in these materials might be appropriate for use with your particular sales strategy and clients. Please note that Sammons Retirement Solutions® does not require you to use any of these sales concepts; they are resources that can be used at your option for your own individualized sales presentations if appropriate for the particular client and circumstances.
You must be a Registered Representative and your Broker/Dealer must have an agreement with Sammons Financial Network®, LLC., member FINRA, in order to receive materials.
Product and feature availability may vary by state and broker/dealer. Please confirm availability prior to solicitation.
Please view these important product-specific disclosures.
Securities distributed by Sammons Financial Network®, LLC., member FINRA. Insurance products are issued by Midland National® Life Insurance Company (West Des Moines, IA). Sammons Institutional Group®, Inc. provides administrative services. Sammons Financial Network®, LLC., Midland National® Life Insurance Company and Sammons Institutional Group®, Inc., are wholly owned subsidiaries of Sammons® Financial Group, Inc. Sammons Retirement Solutions® is a division of Sammons Institutional Group®, Inc.
Sammons Institutional Group®, Inc. and Sammons Financial Network®, LLC., member FINRA, do not give tax, legal, or investment advice. Please have your client consult with and rely on their own tax, legal, or investment professional(s). Taxes are payable upon withdrawal of funds, and a 10% IRS penalty may apply to withdrawals prior to age 59½.
NOT FDIC/NCUA INSURED, MAY LOSE VALUE INCLUDING LOSS OF PRINCIPAL, NO BANK/CU GUARANTEE, NOT A DEPOSIT, NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY.
FOR INSTITUTIONAL USE ONLY. NOT INTENDED FOR CONSUMER SOLICITATION PURPOSES.
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37011R-57761 PRT 12-23