Celebrating Annuity Awareness Month With a Look at RILA
June 4, 2024 by Myles J. Lambert
The arrival of June means that it’s time, once again, to celebrate Annuity Awareness Month.
With retirement security being top of mind for many people these days, this month provides an important opportunity to drive even greater awareness of the key role that annuities can play in helping clients protect and grow their retirement savings.
Click HERE to read the full story via Think Advisor
WINK’S MOORE ON THE MARKET: Structured annuities (aka RILAs) have been known by many names: hybrid, buffered, indexed variable, index-linked variable, and finally the registered indexed linked annuity RILA. The basic design of a structured annuity is like a cross between an indexed annuity and a variable annuity. Structured is the most satisfying moniker because these annuities are similar to structured notes, it’s not a hybrid of an annuity and life insurance, not all the products offer variable subaccounts and finally, it doesn’t confuse securities with fixed insurance (again! There are registered indexed annuities already.) Read more HERE. -sjm