Protecting Yourself from a Plunging Market

Protecting Yourself
from a Plunging Market

Just because the market takes a dive, doesn’t mean your nest egg has to. Despite market volatility, anybody with a safe, guaranteed investment option can sleep well knowing their money is right where it should be…protected from market volatility.

Fixed Indexed Annuity (FIA) owners, for example, have been sleeping well these past few days knowing their hard-earned money and retirement assets, such as their IRAs, are protected from sudden market downturns

Unlike Variable Annuities, which are securities investments, FIAs are safe insurance products and only insurance licensed professionals may offer these safe tools.

Key FIA benefits include:

  • No Loss of Principal
  • Locked in Gains
  • A Guaranteed Stream of Income for Life
  • Liquidity
  • Tax-Advantaged Accumulation

Talk to your retirement distribution professional today to determine whether an FIA is an appropriate option to complement your retirement planning strategy and ask yourself…

Where do you want to be? 

 

More Updates

IMPORTANT TRUST DEADLINE APPROACHING

For trusts that inherited an IRA in 2019, an important deadline is approaching. The due date to provide required trust documentation to the IRA custodian to ensure that the longest payout period possible is available for the inherited IRA is October 31, 2020. Generally, only individuals who are named on an IRA beneficiary form can

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CRDS AND ROTH CONVERSIONS – ABUSE OF THE RULES?

The coronavirus-related distribution (CRD) rules for Roth conversions have a gaping hole. An “affected person” (as we have defined in previous blogs), is entitled under the CARES Act to withdraw up to $100,000 from their IRA or workplace retirement plan. A CRD avoids the 10% early distribution penalty for those under 59 1/2, can be

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Rolling Over an RMD

Like most people’s lives, the retirement world is upside down. This is made evident by a single statement: “Required minimum distributions (RMDs) can be rolled over.” Yes, that is the new normal—at least for this year. RMDs are considered the first money out of an IRA and workplace plan. Typically, these dollars are ineligible to

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