Does your under age 60 client need income? Use a SPIA.

In January of 2013, LifeHealthPro featured the article “Does Your Under Age 60 Client Need Income? Use a SPIA.” written by BSMG’s Russell Towers. This article explains how individuals under the age of 60 can use a single premium immediate annuity (SPIA) to guarantee a fixed income for either life or a period-certain-only number of years. The article features 3 scenarios where SPIAs are used to provide pre-59½ guaranteed income.
Download a PDF of the whole article here or read it on the web