Annuity Riders, Income Annuities, Index Annuity,

How Do Income Rider Investments Work With Annuities?

If you are close to retiring or looking for safe investments that do not relate to the stock market, then this opportunity might be useful for you. This site should give you an overview of how income riders work with index annuities. Clients often ask us, “how am I going to pay for the things I need when I retire?” We want you to financially survive during your retirement years. This arrangement with the insurance carrier will ensure your financial life is not negatively affected when you retire.

Social Security and employer-sponsored pension plans may only provide a portion of the income you will need down the road. It’s never too soon to carefully consider the future of your retirement nest egg.


Add up your expenses, the NEEDS.

  • Housing
  • Taxes
  • Utilities
  • Insurance
  • Meals and Entertainment
  • Medical Expenses

Let’s assume this totals $52,000 per year.  If your social security is $22,000 per year. Then the difference is $30,000 per year. How will you generate this income? Working part time, dividends, a blend of both. You could purchase an index annuity with an income rider to cover the majority of that $30,000 gap you have. Maybe you choose to cover $20,000 with the annuity and allow dividends to cover the other $10,000. We are happy to connect you with one of our financial advisers who can run an in depth plan that is tailored to you for free.


What is an income rider?

Income riders have improved over the past 5-10 years. The products are improving, but it still depends on the company and the adviser that sells you the product. Some firms mandate that the income rider is fair for the consumers, but most don’t care to consider the consumers concerns and financial stability.. If you do not use one of our advisers that you look at the same product through different brokers just to confirm you are getting the best terms. We notice that purchased products often do not support the client’s needs. We are NOT okay with this!

If you have an annuity with an income rider and you have either not turned it on or  just turned it on, you should have it reviewed as soon as possible. Most of the time you can LOWER your fees from 3-4% to 1% and get 10-30% more income!