Hybrid annuities solve the liquidity problem of other annuities, providing some growth as well as some guarantee of income, says Rob Wheat, investment advisor representative, insurance agent and owner of Wealth Harmonics in Dallas. A hybrid annuity allows investors to allocate a portion of assets to a fixed annuity and a portion to a variable annuity. "I look at hybrid annuities as the income leg in their retirement plan," Wheat says.


Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access