Income riders are all over the board when you evaluate their policy proposition. Some cost little to nothing, while others can be well over 100 basis points. And keep in mind that the rider cost could be tied to the phantom account and not the real cash account, making it even costlier. But the right rider with the right annuity can generate guaranteed income without the market beta risk. Nationally recognized annuity expert Mike McGlothlin is interviewed in this video blog.
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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the #1 online author and videographer of insurance content. Steve has been cited on FO... More