If your annuity isn’t performing as expected, an Annuity Rescue Plan can help you regain control of your financial future. Whether you’re dealing with low returns, high fees, or limited flexibility, restructuring your annuity could provide better growth and income options.

Are You Stuck with an Underperforming Index Annuity?

You’re not alone if you’re disappointed with your current index annuity because of poor renewal rates, lack of appealing index options, or high fees. Many individuals have locked themselves into annuity contracts that aren’t performing as expected. This could result from being sold on a product that hasn’t delivered the promised benefits, or perhaps you weren’t made aware of better alternatives when you purchased it.

At Diversified Quotes, we understand how frustrating this can be. That’s why we offer an Annuity Rescue Plan that helps you escape from underperforming products and guides you toward more rewarding options—all without any fees or obligations.

Common Problems with Index Annuities

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Bad Renewal Rates

Sometimes, the initial rates look great, but once they expire, the new rates are far less favorable.

Limited Index Options

Your annuity may have been tied to an index that doesn’t offer the growth potential you expected.

High Fees

Some annuities come with fees that eat into your returns, leaving you with less than you deserve.

Misleading Sales Pitches

Unfortunately, some agents focus on selling rather than servicing, leaving you stuck with a product that wasn’t fully explained or suited to your needs.

How Our Annuity Rescue Plan Can Help

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Comprehensive Review

We’ll review your current annuity contract to determine where it’s underperforming and what the sticking points are, whether it’s renewal rates, fees, or poor index performance.

Compare Options

We work with over 75+ top-rated insurance carriers and have access to over 1,000 annuity products. This allows us to research and identify better alternatives that may offer improved growth potential, lower fees or no fees, and more favorable index options.

No Fees or Obligations

Unlike other advisors who might charge fees for consultation or annuity transfers, we offer our services without any costs to you. You’re under no obligation to make any changes unless you’re comfortable with a better solution.

Objective Recommendations

We are an independent service, meaning our recommendations are based solely on what is best for you, not what we are incentivized to sell.

Is It Time to Reconsider Your Annuity?

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Don't Need the Money for Income?

Consider rolling the funds into an annuity that does not include an income rider. This can eliminate unnecessary fees associated with the rider, allowing your funds to grow more efficiently. When selecting a new annuity, look for options that offer a premium bonus, which can help offset any surrender charges incurred from the transfer. Additionally, choosing an annuity with competitive growth potential—such as one offering attractive fixed or indexed interest strategies—can help ‘catch up’ on the time and growth lost due to the previous annuity’s underperformance. Be sure to evaluate products with low or no fees and strong guarantees, ensuring the new annuity aligns with your overall financial goals and risk tolerance.

Are You Stuck with Historically Low Rates?

If you are stuck with historically low rates, consider rolling the funds into a modern annuity product that offers more competitive growth potential. Many newer annuities provide features like fixed indexed growth strategies or variable options that allow your funds to benefit from market performance while still offering downside protection. Additionally, look for products that offer a premium bonus to help offset any surrender charges and give your account a head start in recovering lost growth. By transitioning to a product with higher earning potential and fewer restrictions, you can optimize your annuity’s performance and better align it with your financial goals. Be sure to evaluate the fees, terms, and guarantees of the new annuity to ensure it fits your needs.

Don't Have Adequate Funds for Long-Term Care

If you don’t have adequate funds for long-term care (LTC), you can leverage your annuity to address this critical need while taking advantage of the tax benefits the IRS offers. One effective strategy is to roll the funds into an annuity with a long-term care rider. This allows you to access enhanced benefits specifically for LTC expenses, often significantly amplifying the value of your annuity for qualifying care needs.

For non-qualified annuities, the IRS provides additional tax advantages under the Pension Protection Act (PPA). When funds from a non-qualified annuity are used to pay for long-term care expenses or premiums on a qualified LTC rider, the withdrawals are tax-free, even if the annuity has accumulated taxable gains. This can help preserve more of your funds for care while avoiding the tax burden typically associated with annuity distributions.

Alternatively, consider using a 1035 exchange to transfer your annuity into a specialized LTC hybrid annuity. These products combine growth potential with robust LTC benefits and may offer a more efficient and tax-advantaged way to prepare for care costs. By reallocating your funds strategically, you can gain peace of mind knowing that your long-term care needs are better addressed without creating unnecessary financial strain.

Are Building A “Tax Time Bomb” For Your Heirs?

If you’re concerned about creating a “tax time bomb” for your heirs, it’s essential to evaluate how your annuity might impact them. Traditional annuities can pass significant tax burdens onto beneficiaries, as any untaxed gains are subject to income tax when inherited. To mitigate this, consider transitioning to an annuity with an enhanced death benefit.

These products provide a higher death benefit than the original account value, potentially increasing the legacy you leave while still maintaining tax efficiency.

For even greater tax control, look for annuities that offer an enhanced death benefit with structured payout options. These allow the death benefit to be distributed over a specified number of years rather than as a lump sum, spreading the tax liability for your heirs and reducing their immediate tax burden. By implementing this strategy, you can preserve more of the annuity’s value for your beneficiaries while minimizing the risk of pushing them into a higher tax bracket.

Additionally, this approach aligns with smart estate planning by ensuring your heirs receive the benefit in a manageable way, creating less financial strain and tax exposure. Properly structuring the death benefit and payout schedule ensures that your annuity becomes a tax-efficient legacy tool rather than a potential financial challenge for your loved ones.

No Obligation Consultation

At Diversified Quotes, we have a broad network of carriers, deep industry knowledge, and an unwavering commitment to finding the best solutions for our clients. The Annuity Rescue Plan is designed to provide personalized service and ensure you’re in the best possible financial product for your retirement goals. We offer access to over 1,000 products, partnerships with over 75+ carriers, no fees or obligations and objective, expert advice. Don’t let an underperforming annuity hold you back. Let us help you rescue your financial future by finding a better annuity product that works for you. Contact us today to schedule your free annuity review, and let’s start turning things around!