By partnering with The CPA aid, you can tap into the growing demand for annuities and expand your revenue streams. Annuities offer long-term financial security and the potential for guaranteed income, making them an attractive option for clients seeking stability and protection from market fluctuations. By incorporating annuities into your services, you can provide comprehensive retirement planning solutions and seize new business opportunities.
Annuities become more popular during times of market volatility or uncertainty, as they can provide a level of stability and protection for individuals seeking to safeguard their retirement savings. The significant increase in annuity sales in 2022, reaching $310.6 billion and surpassing the previous record set in 2008, indicates a growing demand for these financial products.
Index Annuity (Green Line)Fixed Annuity (Blue Line)Lifetime Income AnnuityEnhanced Legacy AnnuityCase Study-Fedex EmployeeA very basic concept of annuites can be traced back to Ancient Rome. As part of a contract called an “annua,” Roman citizens would make an upfront payment in exchange for steady payments throughout their lives.