Allianz Life
- Based in Minneapolis, they offer equity indexed annuities, good for IRAs and 401k rollovers.
- These options provide:
- No Risk
- Tax-deferred growth
- Choice of payouts - which can be chosen in the future.
- After one year, 10% can be withdrawn without penalty from the company.
- Most of the business I sent them are folks fleeing out of mutual funds--they don't want to take the risk anymore.
- Be sure to ask about the bonus!!
Midland National
- Based in Des Moines, they offer a 11% bonus equity indexed annuity.
- Benefits:
- Tax-deferred growth
- Can be an IRA or 401k rollover
- Selection between:
- Following the market with out risk
- Placing the money after the bonus into a fixed rate of 3.5% or higher
- Client will not lose if the market plunges as in 2001
Conseco
- Based in Indianapolis, they offer a no-cap annuity.
- Some people made 35% when the market was great in 98-99.
- Can be started with as little as $2,000 for IRAs
They all have the ability to be added to at any time (without taking out a new contract).
Why take a risk! "Heads, you win....Tails, you don't lose!!"
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