Using Annuities for Retirement Income

Overview

This course provides an orientation to annuities and their application for long-term asset accumulation and, more particularly, income and income distribution. The emphasis is mainly on the distribution side of annuities-that is, how these products can be used to convert a retirement nest egg into a reliable, sustainable income flow.

Find this course for your license

License or Certification

Regulator

Learning Objectives

Demonstrate an understanding of the purpose and application of annuities
Describe the basic types of annuity products
Explain the operation and function of fixed, indexed, and variable annuities
Articulate how an annuity's product features can support the need for income during retirement
Explain the basics of two annuity-based products specifically designed for retirement income: deferred income annuities and qualified longevity annuities
Demonstrate an understanding of how annuities are taxed
Explain how an annuity can be used to bolster the guaranteed income element of a balanced retirement plan

Designed For:

Life and health insurance producers and finance professionals

Course Information

Adding additional credit may change exam requirements.

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