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

Blog

Home Posts tagged "choose an annuity"
How to Choose an Annuity

How to Choose an Annuity

By Ed Crowe | General Articles | 0 comment | 1 September, 2023 | 0

How to Choose an Annuity

Annuities can be an integral part of financial wellness plans for the golden years of your life, as well as a plan for the future of your family’s financial security. But, like many financial decisions, choosing an annuity can be intimidating. Here are four simple steps to choosing an annuity and starting to safeguard you and your family’s future during your retirement:

 

 Choose when payouts begin

There are two options for the date that payouts begin on an annuity. The first is called deferred, meaning that payouts will begin in the future at a previously determined date. The second is called immediate, which means payouts begin shortly after the first premium is paid. In this case, the premium is a lump sum.

 

 Select the rate of return deciding how to choose an annuity

This selection depends very much on the level of financial risk that you are comfortable taking. There are three usual options:

  • Guaranteed/Fixed

These payouts are based on the amount that is guaranteed in the contract. The company bears the investment risk so the client doesn’t have to, and the payments are typically the same regardless of timing.

 

  • Variable

Although some variable annuity contracts may offer minimum payout guarantees, both the account payout and the earnings are variable and not guaranteed with this type of annuity.

 

  • Indexed

This is a combination of the two previous, essentially. Indexed rate of returns provide a minimum guaranteed interest rate and an interest rate tied to the market index.

 

  Select payout term when  – how to choose and annuity

These are very similar to life insurance terms. There are five types:

  • Lifetime of policyholder

  • Lifetime with remainder of funds to beneficiary

  • Guaranteed for five, ten, fifteen, twenty years, etc.

  • Joint and survivor

Of these, all of them except for the “lifetime of policyholder” allow remaining funds to be transferred to a survivor or beneficiary at the end of the policyholder’s life.

 

 Select payout type

There are two standard types of payouts on an annuity. Lump sum withdrawal is when the policyholder receives all the funds at once, and some fees can apply to this. The other type, annuitize contract, is when monthly payments are sent to the specified recipient in the previously chosen payout term.

Licensed Agents

In addition to Annuity sales (How to Choose an Annuity), learn to market Medicare.

Click here to see what Crowe and Associates has to offer 

Keep up with all of our current events by clicking here. 

Ready to contract?   Begin here.

Subscribe to our YouTube channel.   We provide weekly training.

Click here to view more images by this artist

How To Choose An Annuity

By Ed Crowe | Latest news | 0 comment | 17 December, 2012 | 0

Choosing an annuity is made out to be the most difficult decision in the world but it really doesn’t have to be.  There is a logical progression to be made when making a choice.   In this post I will go over the steps that need to be taken to make the right choice.

Before getting into the steps, I would like to point out a few key points that will help you along the way.  The first is that there is not a “best” annuity for every thing or a company that has the “best” annuity for all situations.   Insurance companies jockey back and forth to offer the best product for a certain situation. They do not try to have the best product for every situation.  Also, they do not  keep their product competitive for long.  Usually an insurance company will offer a very competitive or the most competitive product for only 6 to 18 months and then they will lower rates. Read more

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

  • Adam on What Are Medicare Rapid Disenrollments
  • marilou macdonald on Anthem OTC catalog
  • APRIL WEST on United Healthcare OTC catalog 2024
  • Debra on Humana OTC catalog 2024
  • Victor Plummer on Medicare Part D Enrollment Periods

Social Icons

Archives

  • 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
  • January 2011
  • August 2010
  • April 2010
  • September 2009
  • August 2009

Recent Posts

  • What is Original Medicare
    7 May, 2025
    0

    What is Original Medicare

  • Medigap Standardized Benefits
    6 May, 2025
    0

    Medigap Standardized Benefits

  • Pros and Cons of HDG Plans
    5 May, 2025
    0

    Pros and Cons of HDG Plans

  • Mastering Local Medicare Marketing
    5 May, 2025
    0

    Mastering Local Medicare Marketing

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

  • What is Original Medicare

    What is Original Medicare

    Although there are millions of people on Medicare, many find it a

    7 May, 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.