Category: 2018

SPIA Commutations and Income Taxation Considerations

SPIA post issue management concerns are not often considered.  To most agents and individuals these contracts tend to be “fire and forget”.  Post issue management concerns are typically associated with SPIAs issued via the new business application process and not associated with SPIAs that are created via “supplemental” annuity contracts when one annuitizes an existing deferred annuity contract or life insurance policy.  Supplemental annuity contracts are altogether different animals when…

Deferred Annuities, Breaking the Serial – SPIA Rescue

As annuity interest rates start to heat up coming out of their ice age thaw, it’s time to revisit what serial annuity contracts are and how to break serial contracts once they occur.  Should general interest rates continue to rise and new declared rate deferred annuity business begins to pick up, there will be a fair amount of new 1035 exchange activity from older declared rate contracts with low current…

New Podcast Interview

David Macchia's Outstanding Advisor Podcast S01 E04 - Gary Mettler | Outstanding Advisor Podcast #004 >LISTEN HERE<