With features similar to a “personal pension” Constance contingent deferred annuity can provide:
To secure your client’s spending power in retirement
Simply wrap institutional class mutual funds and ETFs in IRAs, Roth IRAs or brokerage accounts
Like a “subscription” to retirement income that remains consistent as assets grow
Backed by the A+ rated strength of Midland National.
Our proprietary technology unbundles annuity insurance protections from underlying investments. This allows you to use Constance to transfer risk to an insurance company without moving assets.
Customize your asset allocation models and client portfolios to deliver income for life even if the covered assets are depleted (subject to the claims paying ability of the insurance company). You have the flexibility to cover retail mutual funds and ETFs and third-party models in brokerage accounts, IRAs or Roth IRAs.
And since you may choose qualified or non-qualified assets to cover, the insurance coverage does not change the tax status of the covered assets.
Learn how Constance may help retirees manage sequence risk by pooling their market risk and longevity risk which provides the traditional risk pooling benefits of an annuity with a much smaller “annuity footprint.” This “unbundled” solution can help overcome many of the traditional obstacles to annuity use. By Wade Pfau, Ph.D.
Watch the video to learn how to insure your client’s BOLD retirement future in 3 steps:
Cover client assets during the last five working years and first five years in retirement for your clients to ensure that a recession doesn’t negatively impact their spending power in that “Fragile Decade.” Constance can be turned on or off, depending on how markets perform.
By insuring a portion of your client’s portfolio to guarantee retirement income, you may be able to increase equity allocations to capture more market upside.
Create a durable, sustainable income stream your clients can’t outlive, even if the covered asset is exhausted. (subject to the claims paying ability of the insurer.)
