The Hartford Transfers Pension Liabilities to Annuity
Yesterday, Hartford Financial Services Group Inc. announced that it will purchase a group annuity contract from Prudential Financial, transferring $1.6 …
Bonus* Annuities
What is a Bonus* Annuity?
Some annuities with surrender charges reward the annuity-owner by offering a bonus: the insurance company adds sometimes 3% to 8% to your premium payment(s), which can make for an excellent head start. For example, if your premium payment is $10,000 in a bonus annuity, the insurance company will add $300 to $800.
ANNUITY FYI’S TOP BONUS ANNUITIES PICKS
| Company | Product Name |
 |
Accumulator Plus Retirement Cornerstone CP |
 |
Value Select |
 |
Vision Variable (Income Protector) |
| Click Here for Complete List… | |
FROM OUR BLOG
Retirement Literacy Study Confirms Lack of Knowledge
In an effort to study the retirement literacy of American adults nearing or in retirement, the American College of Financial …
Ohio National Launches Innovative Annuity Rider
In an effort to address both inflation and longevity, Ohio National has launched a new fixed indexed annuity (FIA) guaranteed …
State Regulators Consider Changes to Annuity Sales Standards
After the implementation of the DOL fiduciary rule earlier this month, state insurance regulators are starting to evaluate annuity sales …
ADVISOR INSIGHT
“A bonus annuity offers the advantage of an increase to your income value and in some cases the principal as well. They can be a great option when considering lifetime income, but can be often confusing as the bonus is calculated differently in each product. As with any annuity contract, it is important to understand the fine print to ensure the bonus is truly helping you accomplish your goals.”
David Smith, Financial Advisor
Annuity FYI Expert
ARTICLES & GUIDES
Criteria for Evaluating Bonus Annuities
When evaluating the numerous bonus*** annuity products on the market, Annuity FYI looks fo…
*Bonus annuities may carry higher fees and charges than annuities without the bonus feature, may only accumulate interest prior to annuitization, and may not pay the bonus in case of early withdrawal
This web page has been reviewed for compliance.Document reference: #1500261-6
Follow Us On
Copyright © 2017 AFYI Holdings Group, LLC, All Rights Reserved