Rollover Your 401k to an Indexed Annuity

Threats of a stock market crash, recession fears and higher interest rates are driving consumers to purchase annuities. If you have an old 401k sitting out there, in other words not with your current employer, or any tax-deferred retirement account and you want to protect your investment from significant losses in a market crash, you can roll it over into an indexed annuity with no tax consequences whatsoever. Indexed annuities have a 0% floor, so you can never lose money. They also have zero fees.

Because I was declined for an IUL (Indexed Universal Life Insurance) due to my medical history, I chose to put my money into an indexed annuity because of that floor. I spent months researching annuity indexes in my spare time and in those months, I could not in good conscience recommend a particular indexed annuity until just recently. I ran this illustration on myself because this is the exact annuity I am putting my money into.

**************************************************************************************************


🟩 CONNECT WITH ME ON SOCIAL MEDIA:


DISCLAIMER:
The Wealth Protection Lady makes content available as a service to its customers and other visitors to be used for informational purposes only. While our best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action.

[Family_WealthCare]

I like your style of just getting right to it with information that actually has value instead of just clickbaiting people into fluff talk. That said- You should do one on leads! Who you like to go through, etc…

[TamboneFinancial-]

I really enjoy your videos, they are very informative. Im happy that you're back posting videos. thank you.

[tioswift]

As an agent, I love FIAs. Also, good on you for doing good research. Most people dont.

[Pixellava]

Thank you, this has helped me understand a bit more. I’m getting one set up right now. It’s a scary process, but your calm, intelligent videos have helped me parse out the details and feel confident about it. Just subscribed - looking forward to learning much more on your channel!

[manuelguzmanjr]

I am impressed with your illustration. Excellent video!

[brandoncary-gb]

Thank you for making these videos. They’ve helped me tremendously.

[genolucero]

Great video. Lots of quality education in it. 🙏🏽

[buhayusamargzandales]

Thank you for your valuable information. I am licensed with this carrier. I already sold two policies in this product, and my clients they were happy with this product.thank you.

[buhayusamargzandales]

Very detailed illustrations. Very informative video.

[SteveTens]

I didn't become financially independent till I was in my mid 40s after having a major financial setback during the covid, Thank God i'm now on my feet . In addition to buying my second house, I'm also making money on a monthly basis through passive income, and I've also met some of my goals. I really hope this motivates someone to know that it doesn't matter if you don't have any of these things yet; no matter your age, you can start today. Investing can help you change your future!

[SPaciosR]

I put a lot of money from a CD into an "Athene Performance Elite Plus 10" a 10 year FIA with a 20% bonus. The down sides are a .95% fee and a 3.1% fixed rate, but I start out with a 20% bonus and you can take a 10% with-drawl beginning with the first year.

[FinancialGuyLou]

I find it interesting you didn't choose the same indices that have the 1.25% fee. I have an annuity myself with another company but to me it was a no brainer to choose the fee to have access to higher participation rates.

[Inaisola]

I'm thinking of rolling an old 401k into an annuity. Im thinking of using Northwestern Mutual because it's been around forever. But i don't know. Trying to find who to buy from is the hardest part of all this.

[RyanGriffithLLC]

Hi there. I love this video! Question for you. When you start to make withdrawals, what are the parameters? Do you set a percentage, and get “fixed” or locked in at that? What about adjustments for inflation? Are you able to increase on a yearly basis of 3% of the withdrawals?

[asuthamm]

Can you do a video on how to research and find the scores of life insurance companies?

[garya]

Clarification: Fixed Index Annuities (FIA) only have 0 fees if you don't buy any riders. Also, they also pay much larger commissions to the salesperson, meaning the consumer pays for this one way or another. That's why they have surrender charges, to recover the sales charge to the salesperson. Insurance companies are not in the business of losing money.

[billymak]

Excellent info. I’m in a similar situation. In your research, what did u find or how do u feel about “buffered” annuities?? I’m intrigued and looking for more info.

[JA-zhew]

Great content! Thanks. What are your thoughts on a FIA with a no cost index locking option during the year between points? Thanks so much.

[TerrenceLCarpenter]

So, since UIL and annuity are similar, what are the differences. Is it just, if you qualify for the UIL based on age / health, you go with the annuity? But, I heard you can set up a UIL in your chid/children’s name instead, if you don’t qualify.

[_tonsky_]

What about an old pension plan? Can I rollover this account as well to Indexed Annuity?