Income riders are one of the most talked about and often controversial subjects in the annuity industry today. Now when we say ?income rider?, you might immediately picture a cowboy riding a dollar bill like a bucking bronco?and that may not be far off! The expense, nuances, and instability of income rider annuities are sometimes under talked about in the insurance world. An income rider is an optional benefit that can be attached to a new contract for an additional annual fee. This income rider may provide your client with an option for a lifetime income stream that can be turned on in the future. Sounds good right? It can be very helpful as long as it is shopped for and used correctly, but many insurance agents do not know enough about them to educate their clients fully. Luckily, SilverSide Insurance Marketing is here to help with a guide to avoid getting yourself (and your clients) tangled up in the income annuity rider web. [Read more…]