Annuities can sometimes be a difficult sell for advisors, especially when many consumers have an unfavorable attitude toward the product. Therefore, you may have to think outside the box. Here are four ways your client can utilize a fixed annuity that you may not have thought of.
For more from Lloyd Lofton, see:
- Annuitant-driven vs. owner-driven annuity contracts: Which is best?
- When to retire: Social Security options
- Financing long-term care needs with an annuity