Annuity Caution #7: Variable Annuity Rider Buy Backs

Recently, annuity-owners of variable annuities with riders from insurance companies, such as Axa Equitable and The Hartford, have been contacted by their insurance company issuer. The offer is in writing, and sometimes followed up with a phone call, with offers to pay the annuity-owner a one-time lump sum to relinquish (void) some of the initial riders with guarantees, benefits that rely on the insurance company to pay them. Is the lump sum better or the long-term guarantee? Read this before you invest!

Annuity Caution #6: L-Share / Short Surrender Annuities

Be cautious about purchasing a variable annuity with a shortened (3-4 year) surrender period. They could cost you more. Read this before you invest!

Annuity Caution #3: Variable Annuity Transfers

Are you considering a replacement of your current variable annuity with another? Read this before you transfer!

Annuity Caution #2: FINRA Broker Lookup

Prior to purchasing an annuity, look up your financial advisor on FINRA’s website to see if he or she has any complaints on file or a criminal background. Read this before you invest!

Annuity Caution #1: Pre-Purchase Annuity Checklist

Prior to purchasing a variable you should consider the information below. Read this before you invest!

ANNUITY WARNINGS

New Study: 4% Rule Is Out, Annuities Are In

The so-called 4% rule has been the standard advice given from financial professionals for several decades now. This method recommends …

Legacy Launches New Fixed Index Annuity

Legacy Marketing Group has just launched a new fixed index annuity issued by Ameritas Life Insurance Corp, an “A” rated …

Annuity Advantages

An annuity is a contract between you and an insurance company, whereby you give the insurer your premium dollars, and …

Annuity Sales Continue to Break Records

The Secure Retirement Institute Fourth Quarter U.S. Annuity Sales Survey was recently released showing the best annuity sales in over …

Income Riders Explained

There are several different kinds of annuity products available as well as a la carte options to customize your contract …

New Annuity Product Strategy from Ameriprise

As interest rates continue to fall, Ameriprise Financial Inc. is answering with more emphasis on annuity sales without return guarantees. …

ARTICLES & GUIDES

New Study: 4% Rule Is Out, Annuities Are In

The so-called 4% rule has been the standard advice given from financial professionals for several

Legacy Launches New Fixed Index Annuity

Legacy Marketing Group has just launched a new fixed index annuity issued by Ameritas Life

Income Riders Explained

There are several different kinds of annuity products available as well as a la carte options to

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Document reference: #1500261-17

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