002: What is a Single Premium Immediate Annuity (SPIA)?

15/10/2019 24 min Temporada 1 Episodio 2
002: What is a Single Premium Immediate Annuity (SPIA)?

Listen "002: What is a Single Premium Immediate Annuity (SPIA)?"

Episode Synopsis

In this episode, The Annuity Man discusses:  What is a SPIA and how does it work  The history of SPIAs  The benefits and limitations of a SPIA  How to get your free copy of the SPIA Owner's Manual     Key Takeaways:  SPIAs are simple & efficient transfer of risk pension plans  SPIAs quotes are customizable to contractually guarantee your specific goals  SPIAs are commodities, and all carriers should be quoted to find the highest contractual guarantee  SPIA payments are primarily based on your life expectancy, not interest rates    "Single Premium Immediate Annuities (SPIAs), 99.9% of the time, are going to have the highest contractual guaranteed payout. Period." —  The Annuity Man     Connect with The Annuity Man:  Website: TheAnnuityMan.com  Email: [email protected]  Book: SPIA Owner's Manual  YouTube: Stan The Annuity Man  Get a Quote Today!

More episodes of the podcast "Fun With Annuities" The Annuity Man Podcast