Description
Indexed Annuities is designed for professional insurance producers and advisors who provide financial or retirement planning products and services to consumers. Indexed annuities have become popular funding vehicles for the accumulation of funds on a tax-deferred basis for long-term needs.
This course provides a thorough discussion of these unique instruments: how they are designed, how they are used, and how the many and varied interest crediting methods calculate and apply interest. The course reviews the basics of traditional fixed and variable annuities, which provides the basis for understanding the distinct features, benefits, and limitations indexed annuities provide. Indexing methods and the adjustments insurers commonly apply to their indexed crediting methods are explored in detail. The course covers the following topics:
• What Are Annuities
• How Deferred Annuities Work
• Basics of Fixed Annuities and Indexed Annuities
• Evaluating Various Indexes and Indexing Methods
• Evaluating Crediting Factors and Other Adjustments
• Benefits of Indexed Annuities
• Suitability
• Allocation of Assets
Learning Objectives
Upon conclusion of this course, the student will be able to:
describe how indexed annuities are designed and how they compare to other types of annuities
list the advantages and disadvantages of indexed annuities
explain the taxation issues associated with indexed annuities
identify the types of consumers for whom indexed annuities are suitable
demonstrate an understanding of the suitability issues that apply to indexed annuities
articulate the place indexed annuities may occupy in a client’s retirement portfolio