Skip to main content

How Fixed Index Annuities with Increasing Income Options Work for Spencer Hall

Spencer Hall and his fee-only firm, Retirement Planning Services, LLC, used fixed index annuities to fill a gap in his clients' retirement plans. 

PROFILE: When making a transition from broker-dealer to RIA, Spencer needed help evaluating nearly 100 client annuities for improvement opportunities. Transitioning those assets — and improving them — was not only critical for his client retention, but his firm’s success as a new RIA.

SOLUTION: DPL’s Commission-Free fixed index annuities (FIA) with an increasing income option.

OUTCOME: Spencer was able to transition his clients’ annuities and access a new solution that offers increasing payouts to help combat inflation. For clients without annuities, the Commission-Free nature of DPL’s solutions has made those conversations much easier, empowering Spencer to improve their financial plans.

“Transitioning legacy annuities benefited the client and created a significant revenue stream for us. It really is a win-win.” — Spencer Hall, DPL Member

What is an FIA?

Often used as a tax-deferred fixed income allocation, fixed index annuities provide upside potential while protecting principal from market losses. FIAs can also be used to generate efficient, guaranteed lifetime income through optional living benefits. These benefits can include:

  • Income that increases throughout retirement to reduce inflation risk

  • Income multipliers to protect against unexpected health events

  • Tax-efficient income payments to reduce the amount needed for withdrawals

How to Think About FIAs

Principal Protection: FIAs can help protect against market risk and the decline in principal value from rising rates.

Fixed Income Replacement: By leveraging the scale of the insurance company, FIAs can generate higher yields than current treasuries and with the benefits of tax-deferral.

Guaranteed Income: FIAs generate efficient, guaranteed lifetime income with allocation flexibility and access to cash value.

To learn more about FIAs and how to access them, call 877.625.5544 to speak with a DPL Consultant.

Guarantees are based on the financial strength of the issuing insurance company. Fixed index annuities are not stock market investments and do not directly participate in any equity, bond, other security, or commodities investments. Indices do not include dividends paid on underlying stocks. Neither an index nor any fixed index annuity is comparable to a direct investment in the equity, bond, or other security. ©2023 DPL Financial Partners, LLC. All rights reserved. FOR REGISTERED INVESTMENT ADVISOR USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.

Case Study

Jan 25, 2023
Using RISA to validate existing plans Market volatility can be a wakeup call for financial...

Case Study

Jan 25, 2023
Using RISA as a first step in the planning process As a holistic financial planner...

Case Study

Jan 24, 2023
Vestia Personal Wealth Advisors' Tommy Martin swore off of annuities — until he met DPL...

Case Study

Jan 24, 2023
Large RIA, Strategic Financial Services, and Laura Powers utilized DPL's Annuity Rescue+ process when breaking...

Case Study

Jan 24, 2023
Nola Kulig and her firm, Kulig Financial Advisors, integrated MYGAs as a fixed income allocation...

Case Study

Jan 24, 2023
Chuck Failla, Principal of breakaway firm Sovereign Financial Group, discovered the power of DPL's strategic...

Case Study

Jan 24, 2023
Tim Brown of 360 Family Office discovered the power fee-based fixed index annuities as an...

Case Study

Aug 03, 2021
Echo Huang, President & Founder of independent RIA Echo Wealth Management, partners with DPL to...


Feb 04, 2020
Understanding how a fixed index annuity works can get a little confusing. Wade Pfau PhD...


©2023 DPL Financial Partners, LLC. All rights reserved.

DPL Financial Partners does business in the state of California as DPL Insurance Solutions
under California License #0M42434.

Securities offered through The Leaders Group, Inc. Member FINRA / SIPC
26 W. Dry Creek Circle, Suite 800, Littleton, CO 80120 • 303-797-9080
DPL Financial Partners is not affiliated with The Leaders Group, Inc.

Check the background of this firm on FINRA’s BrokerCheck.