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

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 …

New Fixed Indexed Annuity Promises Principal Protection and Lifetime Income

Earlier this week, DPL Financial Partners, an insurance network for registered investment advisors (RIAs) teamed up with Security Benefit Life …

Protection and Liquidity With New Great American Annuity

For consumers who are looking for greater liquidity while growing their money without concern for market volatility, Great American Life …

Securian Financial Launches New MYGA

A new fixed deferred annuity from Securian Financial has just been launched, designed to give financial professionals a competitive edge …

New Study: Deferred Income Annuities Could Be Key to Retirement Security

A new study from the Employee Benefit Research Institute found deferred income annuities (DIAs) held within a 401(k) could be …

Strong Year-End Annuity Sales Suggest Promise in 2019

The final 2018 market data for the U.S. annuity industry was recently released showing record quarterly highs for both fixed …

ARTICLES & GUIDES

When An Annuity Makes Sense

For those approaching retirement, there are few things more unsettling than a volatile stock

New Fixed Indexed Annuity Promises Principal Protection and Lifetime Income

Earlier this week, DPL Financial Partners, an insurance network for registered investment advisors

Protection and Liquidity With New Great American Annuity

For consumers who are looking for greater liquidity while growing their money without concern for

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Document reference: #1500261-17

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