Navigating the Tool: A Comprehensive Overview

This document provides a detailed walkthrough of using the tool to optimize client results efficiently. Each step is designed to guide users through the process of selecting clients, setting result parameters, and refining search filters, ensuring a seamless experience from start to finish.

Step 1

Begin by selecting your client either at the top of the screen or using the provided shortcut in the tool. This will allow you to customize the subsequent settings based on the client's needs.

Step 2

Once the client is selected, their information will automatically populate the fields. Set the limits for the results by selecting the relevant criteria. In this case, focus on Fixed Index Annuities (FIAs).

Step 3

For RILA products, most professionals start by examining fixed index annuities. Utilize the back-testing feature to view the past 10 years of index history. Default values typically end on December 31st of the previous year, but for more recent data, adjust to the first day of the last month. Use the 'live only' option to exclude hypothetical back-tested data, if preferred.

Step 4

Opt for the 'live only' button to filter results to those indexes with a minimum of 10 years of actual index history, excluding any hypothetical data.

Step 5

This ensures all displayed data is based on real index returns, with no hypothetical data included.

Step 6

Set a minimum AM Best rating for the carriers you wish to view on the screen. This can help in ensuring the credibility and reliability of the results.

Step 7

To the left, utilize additional search filters to refine criteria tailored to the client's preferences. Start by choosing the crediting method. For instance, if the client prefers no account fees, specify this.

Step 8

Select 'no fees' to ensure that the client is not charged for account maintenance.

Step 9

Enable the 'no fees' option to exclude any products that come with fees.

Step 10

Specify a preference for a product with a high cap rate of 10% or more, and at least 50% participation rate. This helps in narrowing down to more lucrative options.

Step 11

Further refine the list by limiting the products under consideration to those that meet specific criteria.

Step 12

Set the criteria for a minimum seven-year surrender charge product and ensure the product offers a premium bonus.

Step 13

Enable options that accept additional premium to allow future investments into the annuity.

Step 14

This feature allows for more investments later, eliminating the need for an income rider.

Step 15

Adjust criteria to focus on specific crediting methods and indexes by setting the reset period to one or two years.

Step 16

Exclude strategies that lock funds for three years or longer by selecting only one- and two-year strategies.

Step 17

If you have preferred indexes, directly select them for a more focused analysis.

Step 18

You can choose specific indexes, such as the S&P 500, or others you believe are promising. Narrow down the results and adjust or remove filters as needed by using the X icon next to filters.

Step 19

After finalizing selections, download a report of the displayed results. This will show up to 15 entries, with an option to load more for a total of 30.

Step 20

If you prefer, select specific options to include only those in the report.

Step 21

Use the check mark next to the desired options.

Step 22

Then, select 'Download Report' to generate a comprehensive report of the chosen information.

Step 23

Explore additional features, such as the shortcut action menu, for quick navigation.

Step 24

Quickly access full product illustrations or strategy details for in-depth analysis.

Step 25

You can also open product details and access brochures efficiently.

Step 26

The index performance line provides insights into raw index data. Clicking on it reveals detailed performance metrics.

Step 27

For instance, view data for a particular index like the Morgan Stanley index.

Step 28

To analyze index history, compare it to benchmarks such as the S&P 500 by using the 'Index Performance' feature.

Step 29

Exclude hypothetical back-tested data from the chart by toggling the relevant options.

Step 30

This action will remove the hypothetical data from the chart, allowing a comparison with the S&P 500 benchmark.

Step 31

If you observe multiple entries from the same insurance company or product, use the 'top per carrier' filter for a streamlined view.

Step 32

This setting displays the best result per insurance company or, if too restrictive, 'top per annuity' to show the best account per product.

Step 33

Currently, sorting is based on the most recent 10-year history. Consider alternative sorting options.

Step 34

Additional sorting options include the best and worst 10 years out of the last 20 years.

Step 35

Choose to sort by the best or worst results, as preferred.

Step 36

Or, if you're feeling ambitious, examine the 15-year returns for a more comprehensive understanding.

Step 37

That concludes the process. For further assistance, reach out via the blue chatbot in the corner, send a message, or call us at 949-600-7707. We're here to help.