GET CONTRACTED
Edward@Croweandassociates.com
Call us: 1.203.796.5403
Crowe & AssociatesCrowe & Associates
  • Home
  • ABOUT
  • Sales Blog
  • Sales Tools
    • Online enrollment
      • Connect4Medicare
      • Sunfire
    • Quote and comparison site
    • Application Processing
    • Free Medicare lead program
    • Agent website
    • Predictive dialer
  • Free Leads
  • Products
    • Medicare Plans
    • Life Insurance Plans
    • Final Expense Insurance
    • Long Term Care Insurance
    • Fixed and Indexed Annuities
    • Healthshares
    • Dental and Vision Plans
    • Other Products
  • Training Webinars
  • Contact Us

Is An Annuity Income Rider A Good Deal?

    Home annuity Is An Annuity Income Rider A Good Deal?
    NextPrevious
    Is An Annuity Income Rider A Good Deal?

    Is An Annuity Income Rider A Good Deal?

    By Ed Crowe | annuity | 0 comment | 5 April, 2014 | 0

    Is An Annuity Income Rider A Good Deal?

    Is an annuity income rider a  good deal?  Annuity income riders are available on both fixed and variable annuities.  Although most people do not understand them very well, income riders are not that complicated.  Although companies have different bells and whistles on them, income riders are all very similar regardless of the company offering them.

    The basic concept of an income rider is that they are a product investors use to create a future income stream.  Investors can determine their income down to the dollar at any future date.  This makes them very predictable.  An example is the best way to describe an income rider.

    (Example)-

    A person decides they would like to have a future income stream to supplement their retirement income they receive from Social Security and a pension.  They decide they have $250,000 that they can dedicate to future income.

    The investor puts $250,000 into an income rider.  The income rider will show them exactly how much lifetime income they will be able to take in the future.  They can choose to start collecting income in any year they would like.   Although, once they start collecting income, the amount they receive every month will never increase.   The income will payout for life but their initial investment will erode over time.  When the $250,000 runs out they will still have the income payment however.

    The positives of an income rider are the following…..

    • Can predict future income right down to the exact dollar in any given year.
    • This income has a guaranteed payment. The longer you wait to turn it on the more it will pay out for life.
    • Market conditions have absolutely no effect on the deferred income increase on the rider.
    • You will still have access to the lump sum investment even after you start to receive income payments.

    The negatives of an income rider are…..

    • Once you start to take payments your account will never increase.
    • There is an annual fee for the income rider which your provider deducts from the account value (The $250,000 in the example) of the investment.
    • The account value will steadily decrease  for every year the income rider pays you.

    Income riders can be very useful if they are used for the right purposes (Generating future guaranteed income).  They can also be a terrible investment if used for the wrong reasons.  Many will argue that a larger future income stream can be created using other methods but they can not do it on a 100% guaranteed basis like an income rider can.

    CLICK HERE FOR MORE INFORMATION OR QUOTES

     

     

     

    annuity income ,Annuity income rider ,income for life rider ,Income rider good deal? ,Should I buy an annuity income rider

    Ed Crowe

    More posts by Ed Crowe

    Related Post

    • Best Income Annuity Choices

      By Ed Crowe | 0 comment

      There are multiple types of annuities that produce income.  The three main types are a Single Premium Immediate Annuity (SPIA), Fixed indexed annuity with income rider and  a deferred income annuity (sometimes called a longevityRead more

    • Life Annuity Connecticut

      By Ed Crowe | 0 comment

      The term “Life Annuity” is rather generic and can have multiple meanings but it is almost always used when describing lifetime income from an annuity product.   This post provides detail on the most commonRead more

    • Life Annuity Connecticut

      By Ed Crowe | 0 comment

      Life Annuity Connecticut In this post, we will explain some things about; Life Annuity Connecticut. The term “Life Annuity” is rather generic and can have multiple meanings but it is almost always used when describingRead more

    • Income Annuities (Income riders and SPIA’s)

      By Ed Crowe | 0 comment

      Annuities are often used to generate lifetime income streams for retirees.   SPIA’s and Income Riders are the two main ways to accomplish a lifetime income stream for a single person or for a couple.Read more

    • Security Benefit (Secure Income Annuity)

      By Ed Crowe | 0 comment

        There are more people than ever looking to use a lump sum of money to create a guaranteed future income stream.  Fixed Indexed annuities are usually the most predictable way to do this andRead more

    NextPrevious

    Categories

    • Ancillary Health product sales
    • Annuities
    • annuity
    • Brokers
    • CD rates
    • Dental
    • Dental insurance
    • Disability
    • FDIC insured CDs
    • Fixed interest rates
    • General Articles
    • Group Health Insurance
    • Individual Health Insurance
    • Investments
    • Latest news
    • Life Insurance
    • Life Insurance Products
    • Long Term Care
    • Medicare
    • Medicare A and B benefits
    • Medicare Advantage Plans
    • Medicare compliance
    • Medicare Drug Coverage
    • Medicare Supplements
    • Over The Counter benefits
    • phone and home Medicare sales
    • Retirement Income
    • Voluntary Benefits

    Recent Comments

    • Ed Crowe on Humana OTC catalog 2024
    • Peggy Webb on Humana OTC catalog 2024
    • Adam on What Are Medicare Rapid Disenrollments
    • marilou macdonald on Anthem OTC catalog
    • APRIL WEST on United Healthcare OTC catalog 2024

    Social Icons

    Archives

    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • February 2022
    • December 2021
    • October 2021
    • February 2021
    • January 2021
    • February 2020
    • January 2020
    • October 2019
    • July 2019
    • June 2019
    • May 2019
    • April 2019
    • March 2019
    • February 2019
    • January 2019
    • October 2018
    • September 2018
    • August 2018
    • July 2018
    • April 2018
    • March 2018
    • February 2018
    • January 2018
    • December 2017
    • November 2017
    • September 2017
    • August 2017
    • July 2017
    • June 2017
    • May 2017
    • April 2017
    • March 2017
    • February 2017
    • January 2017
    • December 2016
    • July 2016
    • June 2016
    • May 2016
    • April 2016
    • March 2016
    • February 2016
    • January 2016
    • September 2015
    • August 2015
    • July 2015
    • June 2015
    • May 2015
    • March 2015
    • February 2015
    • September 2014
    • August 2014
    • May 2014
    • April 2014
    • March 2014
    • February 2014
    • January 2014
    • September 2013
    • August 2013
    • July 2013
    • June 2013
    • May 2013
    • April 2013
    • March 2013
    • February 2013
    • January 2013
    • December 2012
    • November 2012
    • October 2012
    • September 2012
    • August 2012
    • July 2012
    • June 2012
    • May 2012
    • April 2012
    • March 2012
    • February 2012
    • September 2011
    • July 2011
    • June 2011
    • April 2011
    • August 2010
    • April 2010
    • September 2009
    • August 2009

    Recent Posts

    • Understanding Medicaid Spend Downs
      12 June, 2025
      0

      Understanding Medicaid Spend Downs

    • Alternatives to LTC Plans
      11 June, 2025
      0

      Alternatives To LTC Plans

    • Should Life Agents Add Medicare Sales
      11 June, 2025
      0

      Should Life Agents Add Medicare Sales

    • What's Medicare Part D Extra Help
      9 June, 2025
      0

      What’s Medicare Part D Extra Help

    With licensed sales professionals in both the investment and insurance fields, the experienced and knowledgeable team at Crowe & Associates can tend to your various needs.

    Latest News

    • Understanding Medicaid Spend Downs

      Understanding Medicaid Spend Downs

      Understanding Medicaid Spend Downs: What It Is and How It Works For

      12 June, 2025

    For agent use only.

    We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800 MEDICARE to get information on all options.

    Not affiliated with the U. S. government or federal Medicare program. This website is designed to provide general information on Insurance products, including Annuities. It is not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that [Agency Name], its affiliated companies, and their representatives and employees do not give legal or tax advice. Encourage your clients to consult their tax advisor or attorney.

    Follow Us

    • Follow Us on LinkedIn
    • Find Us on Facebook
    • Watch Us on YouTube

    Subscribe to our newsletter

    Edward K. Crowe & Associates LLC BBB Business Review
    • Home
    • About
    • Agents
    • Quote
    • Retirement
    • Services
    • Blog
    • Contact
    • Privacy Policy
    Copyright 2025 Crowe & Associates | All Rights Reserved |

    Insurance Agency Website by Stratosphere

    • Home
    • ABOUT
    • Sales Blog
    • Sales Tools
      • Online enrollment
        • Connect4Medicare
        • Sunfire
      • Quote and comparison site
      • Application Processing
      • Free Medicare lead program
      • Agent website
      • Predictive dialer
    • Free Leads
    • Products
      • Medicare Plans
      • Life Insurance Plans
      • Final Expense Insurance
      • Long Term Care Insurance
      • Fixed and Indexed Annuities
      • Healthshares
      • Dental and Vision Plans
      • Other Products
    • Training Webinars
    • Contact Us
    Crowe & AssociatesCrowe & Associates

    Online Enrollment- Enroll prospects online without the need for a face to face appointment. Access to all major carriers with the ability to compare plan benefits and prescription drug costs. Link to recorded webinar https://attendee.gotowebinar.com/recording/2899290519088332033

    All agents receive a personalized enrollment website. Prospects can use the site to compare plans, check doctors, run drug comparisons and enroll in plans. Agents are credited for all enrollments. Click Here

    Error: Contact form not found.

    Go to mobile version