Not enough supply for the fee-based community

September 16, 2020 by Sheryl J. Moore

There isn’t enough supply of annuities for the fee-based community. Let me give you a sneak peek (total fee-based offerings/total annuities):

Indexed- 30/516
Multi-year guaranteed- 1/535
Structured- 8/51
Fixed- 0/67
Variable- 44/246

Do YOU think that there are enough choices if you are working through a fiduciary?

Wink’s Note:  Fixed annuities are classified as such because they have a declared interest rate, which is fixed, and only guaranteed for a single year (as opposed to MYGAs).