How Do I Choose an Annuity Provider?

When you're choosing an annuity provider, one of the first things that you want to know you're dealing with is a company that's been around for some period of time that, you know, is well rated so that not only the client but myself have trust that they will be there, not just today, but tomorrow, and into the future. So when you're looking for some of the different annuity solutions that are out there, you obviously want to work with the highly ranked company, right? But you also have to take a look at some of the other factors that are important too. How long would that opportunity need to be deferred before income can start? Right? Are there other considerations like long term care needs? But more than anything, you're going to pay for any solution, and it's best to understand which. Some annuities have very low participation rates, right? Or caps that really can minimize your upside potential and what you're able to do. I like to work with those that have very transparent, upfront pricing and charge in the way of a management fee. That way, it's not limiting the client's upside potential and really offering more to the client and not the insurance company.