He recently received a notice from Pacific Life about a new indexed annuity option for independent advisors with an "8% simple rollup" before withdrawals are taken, "which is high," says Fross. "Then, once the client begins taking distributions, it's guaranteed income for life. So it has the same type of withdrawal benefit as a VA -- maybe even better, since I don't know of a VA with such a phenomenal rollup -- and there is no downside risk… I'm not generally a big fan of indexed annuities, but I'm starting to take a look at them as an option."

He's not the only one.  In the third quarter, total indexed annuity sales swelled 13 percent over the preceding quarter to $13.8 billion, as measured by Wink’s Sales & Market Report, a gain of nearly 21 percent over the same period a year ago.
 

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