Skip to main content

Repurposing Existing Annuities to Meet Goals in the Financial Plan

Often, a prospective client will come in the door owning one or more commission-based annuities that were sold to them by a previous advisor or insurance agent. So, as an advisor looking to optimize your clients’ assets, what do you do?

In this session, we will discuss three ways fee-only advisors are leveraging Commission-Free alternatives to potentially reduce product costs and help address needs for guaranteed income and other goals in the financial plan.

We will cover:

  • When it may be appropriate to move existing annuities into low-cost guaranteed income products through a 1035 exchange and how to do it 
  • How to help minimize large tax liabilities for a beneficiary through a tax-efficient spin down strategy
  • How and when to consider a competitive fixed rate strategy as a bond alternative for conservative clients
     

Repurposing Existing Annuities to Meet Goals in the Financial Plan

Often, a prospective client will come in the door owning one or more commission-based annuities that were sold to them by a previous advisor or insurance agent. So, as an advisor looking to optimize your clients’ assets, what do you do?

Advisors Who Viewed This Also Viewed

Video

May 27, 2022

DPL Consultant Ross McGoodwin discusses how financial advisors are shifting their mindset around Commission-Free insurance...

Video

Dec 21, 2021

DPL Members, you can now access DPLU, an online educational platform built to expand your...

Video

Dec 06, 2021

Commission-Free annuities are designed to deliver greater benefits than commission-driven products, including lower costs, shorter...

Article

Aug 13, 2021

Every quarter, SRI releases annuity sales data. But this release was particularly surprising to some...

Webinar

Jul 29, 2021
In this follow-up to DPL’s popular “Annuities 101” presentation, DPL Founder & CEO David Lau...

Video

Jul 06, 2021

Watch this short video to see why a career at DPL Financial Partners could be...

Webinar

May 26, 2021
Knowing when and how to leverage Commission-Free and annuity solutions can improve financial outcomes for...

Video

Apr 28, 2021

DPL's Jonathan Barth explains why stocks and bonds are no longer the best solution for...

Video

May 03, 2021

DPL's Jonathan Barth explains the significant difference between products sold on a commissioned basis, and...

DPL


©2022 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.

FOR REGISTERED INVESTMENT ADVISOR USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.