Barron’s has included several of CUNA Mutual Group’s products in “The 100 Best Annuities” feature. The MEMBERS Future Income Annuity, which turns a lump sum of money into a lifelong income stream, appeared on the publication’s Deferred Income Annuity pension and longevity lists for the second consecutive year. In addition, the MEMBERS Zone Annuity, which lets investors control their maximum potential annual loss, debuted on the publication’s first-ever Floor-Style list.
According to Barron’s, “without thoughtful selection, investors can find themselves locked into unwanted contracts that are illiquid, or that charge high fees.” The article states Barron’s looked for “competitive” products with an A.M. Best financial strength rating of A- or above.
“We are honored to be ranked among the top annuities in three different Barron’s product categories,” said David Hanzlik, CUNA Mutual Group vice president of annuity and retirement solutions. “The article makes the point that annuities are complicated—and they can be—but we work hard to create easily understood products that working Americans can incorporate into their financial plans to control risk and provide guaranteed income. It’s always nice when your hard work is recognized.”
The MEMBERS Future Income Annuity and the MEMBERS Zone Annuity are sold through licensed representatives. To learn more, call (888) 888-3940, or visit cmannuities.com/products.