Annuities are perhaps the only way to mitigate longevity risk, but they also are a more efficient means of generating retirement income. Annuities can quickly outperform fixed income in generating retirement income, and provide payouts long after fixed income portfolios would be depleted.
Annuities - Custom Access
|Structured Variable Annuity||
Solves for Principal Protection, Retirement Income
Structured Variable Annuities (SVAs) are tax-deferred insurance vehicles that provide upside potential with a defined degree of downside protection. The investor assumes the portion of the market risk that is in excess of the "buffer" or the initial losses before reaching the "floor", but in exchange receives a higher participation rate...
|Deferred Income Annuity||
Solves for Retirement Income, Principal Protection
A deferred income annuity is a contract funded with a lump-sum payment (premium) in exchange for guaranteed income payments at a future date. Also known as a longevity annuity because of QLAC-eligibility, a DIA can serve as a pension-like income stream for investors without a defined benefit plan through their employer. A DIA helps bridge an income gap and maintains an...
|Fixed Index Annuity||
Solves for Retirement Income, Principal Protection, Annuity Rescue+
Fixed index annuities are tax-deferred insurance products that provide market upside, while protecting principal from market losses. Assets are allocated into indices that are designed to replicate market performance. These indices are typically accompanied with cap rates, spreads, or participation rates.
|Multi-Year Guaranteed Annuity||
Solves for Retirement Income, Principal Protection, Tax Deferral
Multi-year guaranteed annuities (MYGAs), a type of fixed annuity, offer a guaranteed fixed rate of return for the duration of the product. MYGAs provide tax deferral benefits, and can give clients the ability to annuitize their assets into a predictable lifetime stream of income.
|Single Premium Immediate Annuity||
Solves for Retirement Income, Principal Protection
A single premium immediate annuity is a contract funded with a single lump-sum payment (premium) in exchange for guaranteed income payments. Designed to supplement retirement income, a SPIA insures the purchaser against outliving their money or exhausting it within a certain timeframe. A SPIA can begin paying income immediately, bypassing...
Solves for Tax Deferral, Annuity Rescue+, Legacy Planning, Retirement Income, Wealth Accumulation
Variable annuities are tax-deferred insurance contracts with an underlying value that fluctuates based on the performance of the underlying investments. These products often offer insurance benefits such as guaranteed income or a death benefit. The ability to annuitize assets into a guaranteed lifetime income stream is the fundamental feature that qualifies a...
Traditionally used as a means of income replacement, insurance provides powerful possibilities with effective implementation. Through DPL, RIAs can now incorporate insurance as part of their clients' holistic financial plans, allowing additional tax deferral, tax-free income, and wealth transfer efficiency for individuals, and new solutions for sophisticated business scenarios.
|Variable Universal Life Insurance||
Solves for Legacy Planning, Life Insurance, Retirement Income, Wealth Accumulation
Variable Universal Life is a permanent life insurance policy where the cash value is invested in funds or fixed accounts providing opportunity for growth. Its structure allows for flexible premium payments and an adjustable death benefit, which can be impacted by the investment performance of the cash value. Because of its variable...
Solves for Retirement Income
A life settlement enables a policyowner to sell their life insurance policy for its current market value. This can provide an cash infusion if a client is over-insured, or if they can no longer afford the premiums needed to keep their policy in force.
|Disability Income Insurance||
Solves for Income Replacement
Disability Income (DI) Insurance is purchased to protect clients against loss of income from an unexpected injury or illness. An individual DI insurance policy pays a monthly benefit that replaces a portion of their income in the event of a disability, so your clients can take comfort in knowing their current lifestyle...
|Term Life Insurance||
Solves for Life Insurance, Legacy Planning
Term life insurance offers an affordable means of securing protection for a specified period of time. While term life insurance does not build cash value like whole life insurance, it comes at a reduced cost with less stringent underwriting requirements, making it more cost-effective and accessible.
Products by Solution
Commission-Free annuities can be used to solve for a number of client needs in the financial plan. DPL's team can help you find the right product for your client's need and assists you to model it in your planning software.
Products by Solution
There is probably no more important financial goal for clients than meeting their retirement income needs. Many of today's low-cost, Commission-Free annuities can enhance your clients’ retirement income in ways traditional strategies often can’t. If you're looking to generate retirement income for your client, the annuity types below should be considered.
Your clients protect their lives, their homes, and their vehicles through insurance, while often overlooking their most important asset—their ability to earn income. Commission-Free disability insurance can help replace income in the event of an unexpected injury or illness, without jeopardizing the financial plan.
Life insurance represents a crucial part of the a financial plan, providing benefits for both legacy planning and wealth accumulation purposes. With Commission-Free life insurance, RIAs no longer need to outsource this portion of the plan, and can now deliver benefits to complement their clients' holistic financial plans.
Utilizing insurance to protect principal can provide meaningful benefits to a client's portfolio, as well as to their peace of mind. DPL’s offering of Commission-Free solutions can provide hedging strategies, fixed returns or complete downside protection.
It’s likely that many of your clients already own at least one annuity. Commission-Free annuities can be leveraged to add value beyond just cost savings. DPL works with our members to analyze clients’ existing annuity policies to determine if there is a more cost-effective alternative or additional benefits a no-load solution can bring to the financial plan.
For many clients leaving a legacy to heirs is a high priority in their financial plan. There is no more certain way to accomplish this goal than through insurance.
Permanent life insurance policies, once the commission is eliminated, provide benefits which can be powerful for wealth accumulation. Without a hefty commission being removed from premiums, client assets grow and can be withdrawn tax free.
Some asset classes benefit from tax deferral more than others. Investing fixed income, funds with high turnover or alternatives in a tax-deferred vehicle can maximize the impact of tax deferral.
To learn more about low-cost, Commission-Free solutions call us at 888.327.0049 and speak to a DPL consultant.