Home / Annuity FYI’s Variable Annuity Cautions — Read Before You Invest!

 

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

Strategies for Fixed-Income Investors

                                        …

Rebalance and Shelter Your Portfolio With a Variable Annuity

One of the biggest problems facing investors is reducing equity exposure on assets outside of retirement plans while minimizing the …

Great-American Life Offers Variable Indexed Annuity

According to a recent news article from ThinkAdvisor, Great-American Life Insurance Company has introduced a new variable indexed annuity that …

New Fixed Index Annuity Series from American Equity

Last week, American Equity Investment Life Insurance Company announced the launch of a new fixed index annuity series, the Income …

Turning Retirement Savings Into Income

One of the biggest fears in retirement is running out of money. Many people strive to save for most of …

New Fixed-Indexed Annuities from National Western Life

The United States-based life insurance company, National Western Life Insurance Company (NWLIC) has recently announced the launch of two new …

ARTICLES & GUIDES

Strategies for Fixed-Income Investors

                                        …

Rebalance and Shelter Your Portfolio With a Variable Annuity

One of the biggest problems facing investors is reducing equity exposure on assets outside of

Great-American Life Offers Variable Indexed Annuity

According to a recent news article from ThinkAdvisor, Great-American Life Insurance Company has

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Document reference: #1500261-17

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