Brian Smith

In this discussion, Brian Smith from Foundational Income Associates unpacks the complexities of annuities as their popularity skyrockets. He breaks down crucial terms and explains the tax implications of both qualified and non-qualified annuities. The conversation dives into vital considerations for retirement planning and highlights the importance of aligning annuities with clients’ financial goals. Listeners can also learn about the potential pitfalls of surrender charges and the benefits of guaranteed income options to enhance long-term financial strategies.