How Index-Linked Annuities Buffer Against Market Shocks Like the Coronacrash
December 23, 2020 by David Stone
Markets shed 40% back in March as efforts to slow the spread of coronavirus drove the economy to a near halt. Though they bounced back remarkably fast, the economic outlook is uncertain, unemployment is high, and volatility is expected to remain until COVID-19 vaccines are widely distributed and are finally bringing the pandemic under control.
Click HERE to read the full story via Kiplinger
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Research from annuity data gurus at Wink report that the average issue age for all ILAs is 62.
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Wink’s Note: I always get nervous when people refer to Structured Annuities as “Index Linked Annuities” or “Registered Indexed Annuities.”
It wasn’t long ago that U.S. Securities and Exchange Commission made the mistake of describing structured annuities, while issuing an “Investor Bulletin” on “Indexed Annuities.” I digress…
David Stone makes a strong argument for these newbies to the annuity market, this week in Kiplinger. AND- he references those fun “annuity data gurus at Wink, Inc.” in the piece, to boot! – sjm