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

American Equity Updates Fixed Index Annuity Line-up

The AssetShield fixed index annuity, American Equity Investment Life Insurance Company’s headlining accumulation product, is about to get a facelift. …

MassMutual Acquires Great American Life

Massachusetts Mutual Life Insurance Co. has doubled down on its retail annuities business with the latest acquisition of a major …

New Variable Annuities from Charles Schwab

Charles Schwab recently teamed up with Protective Life Insurance Company to launch two new variable annuity products. The Schwab Genesis …

Top Annuity Picks for the New Year

The end of the calendar year is a time when many of us choose to assess the state of our …

Hands Down, Select Annuities Today Are Better Than CDs

Most of the time, folks weighing the purchase of an annuity ask all kinds of questions. Which type of annuity …

Annuity Sales Trends

If you watch financial news headlines you may have seen recent stories about a slump in annuity sales. However, the …

ARTICLES & GUIDES

New Variable Annuities from Charles Schwab

Charles Schwab recently teamed up with Protective Life Insurance Company to launch two new variable

Top Annuity Picks for the New Year

The end of the calendar year is a time when many of us choose to assess the state of our …

Hands Down, Select Annuities Today Are Better Than CDs

Most of the time, folks weighing the purchase of an annuity ask all kinds of questions. Which type

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