Should Your Client Buy a RILA?
December 21, 2021 by Rod Mims
As your clients near retirement, protecting their money from potential losses due to an uncertain market environment is understandably a priority.
But for some investors, the cost of gaining protection from market risk may not be worth the benefit.
If you have clients in this situation, you may want to discuss a registered index-linked annuity (RILA). This product may be able to fulfill an accumulation need for those clients in retirement or those who are close to reaching retirement age, typically within five to seven years.
Click HERE to read the full story via ThinkAdvisor
Wink’s Note: Wink classifies these annuities as structured annuities. “PLEASE do not call them “Registered Index-Linked Annuities” or “RILAs,” folks. The regulators don’t understand our products. We certainly don’t need additional confusion between insurance and securities products.” -sjm
