Do you have your own annuity or an investment that could perform better, or money sitting aside not earning anything? Now is a great time to write a fixed or fixed indexed annuity for yourself.
Right now agents are capturing high rates, guarantees and even supplemental income without losing any money. Plus, you can capture the full commission, company bonuses, and more! Check out the examples below.
10-year Fixed Annuity
A 10-year fixed annuity at Equitrust earns 6% interest. Over a 10-year period your $100,000 deposit can get you $6,000 a year ($500 a month) for 10 years, then walk away with your original $100,000 investment. Or have your $100,000 grow for 10 years, guaranteed to grow to $179,000+. Then let’s add the commissions. Street level is 3% on this product, so you would instantly make $3,000.
With commissions and collecting interest each year you could make $63k through this investment, or let your money sit for 10 years you can make $82,000+!
10-year Fixed Indexed Annuity
A 10-year fixed indexed annuity at Equitrust earns 4.5% interest, with a 12% bonus. Your first-year deposit is GUARANTEED to grow at 16.5% year 1. Each year after that the caps and rates on the product will vary and you can diversify each year through the 10-year surrender to capture more growth opportunity. This product can be written at 7% street commission on your initial premium.
If you put in $100k you get an instant bonus of $12,000 and your balance of $112,000 grows its first year at 4.50% giving you a guaranteed first year value of $117,040 all while making $7,000 doing it!
I'm here to personally guide you from beginning to end on writing your own annuity. We value you and your business so if you don’t want to take time, the URL Orion team is here to write the business and split the commission with you!
Cody Wilbert
Annuity Solutions | Specialist