• 10% Annuity Withdrawals or Interest Accumulation?

  • Nov 14 2024
  • Length: 8 mins
  • Podcast

10% Annuity Withdrawals or Interest Accumulation?

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  • Summary

  • In this episode, we dive deep into one of the most important decisions for annuity holders: choosing the right withdrawal strategy. Marty Becker breaks down the pros and cons of two popular options in multi-year guaranteed annuities (MIGAs)—taking a 10% annual withdrawal or allowing your interest to accumulate for a larger payout later.

    You'll learn:

    • The basics of monthly, 10%, and interest accumulation withdrawals
    • How different strategies align with your financial goals
    • A real-world comparison of how interest rates impact your maximum withdrawal options
    • When it might make sense to choose a lower interest rate for more flexibility

    If you're wondering which approach best suits your needs, this episode will help you make an informed decision to maximize your annuity’s potential. Tune in to gain practical tips and insights that could impact your financial future.
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