The National Underwrite recently wrote about how to evaluate deferred income annuities. The author, Ed McCarthy, CFP, spoke with Burlington, Iowa-based Thrive Income www.thriveincome.com CEO Curtis Cloke, CLTC, LUTCF, RICP about what he’s seeing in the DIA market. Cloke, who’s also a MDRT member, started using these annuities in 1999 and frequently speaks to industry groups about their planning applications.
Here are some of the key product trends he’s monitoring:
- payout options.
- Commutation options.