Retirement planning is a top financial priority, and consumers need self-directed options to accumulate and distribute funds efficiently. The insurance industry offers variable annuities for this purpose. This course covers the design, function, benefits, costs, limitations, and tax treatment of variable annuities, along with their investment options and techniques for retirement income distribution.

• Demonstrate a solid understanding of the variable annuity product
• Describe how these products can fulfill the need for asset accumulation and income distribution
• Outline the product's features and benefits, as well as its restrictions and limitations
• Describe the various investment options and investment strategies that these products offer
• Guide clients toward an appropriate allocation of invested premiums
• Demonstrate an understanding of the guaranteed living benefits that variable annuities offer
• Articulate the tax treatment that applies to these products

Life and health insurance producers and finance professionals