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Potential Portfolio Insurance With a Contingent Deferred Annuity

One of the chief selling points about annuities happens to be their ability to help investors never run out of money when they retire. They are insurance products after all. Typically, this comes from the use of an immediate or income annuity product, getting a set monthly payout for life. However, as the saying goes, “There is more than one way to skin a cat.” And portfolio insurance could come from a different annuity vehicle altogether.

We’re talking about Contingent Deferred Annuities (CDAs).

While CDAs are a relatively new product and are still in their infancy, investors may want to have this annuity product on their radar. All in all, the benefits of the CDA may just be worth it for portfolios as income insurance.

Be sure to check the Retirement Channel to learn more about investing strategies to build up your nest egg.

Immediate Annuities Aren’t Always the Answer

A Payout After You Cash Out

Pros & Cons of a CDA

The Bottom Line