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

New Nationwide Annuity Rider Designed for Growth Potential

Indexed annuity designer Annexus has done it again, this time partnering up with Nationwide to develop a new lifetime withdrawal …

Jackson National to Offer More Fee-Based Annuities

The largest annuity seller, Jackson National, has teamed up with DPL Financial Partners, an insurance network for RIAs, to distribute …

The State of Fixed Annuities

According to a recent Forbes article, most major asset classes had negative returns in 2018, and the world’s largest asset …

Is an Indexed Annuity Right For You?

Given recent market volatility, it’s no surprise that many investors have lost their appetite for risk, even for those still …

Protect Qualified Retirement Savings With Annuity Add-On

A new annuity product from Lincoln Financial Group was recently announced in an effort to help savers maximize their retirement …

When An Annuity Makes Sense

For those approaching retirement, there are few things more unsettling than a volatile stock market. With the recent wild market …

ARTICLES & GUIDES

New Nationwide Annuity Rider Designed for Growth Potential

Indexed annuity designer Annexus has done it again, this time partnering up with Nationwide to

Jackson National to Offer More Fee-Based Annuities

The largest annuity seller, Jackson National, has teamed up with DPL Financial Partners, an

The State of Fixed Annuities

According to a recent Forbes article, most major asset classes had negative returns in 2018, and

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Document reference: #1500261-17

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