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

Jackson National Jumps On Fee-Based Annuity Wagon

Jackson National Life Insurance Company has just announced the launch of their new fee-based variable annuity, Perspective Advisory II (PAII), …

Reduce Your RMD with a Qualified Longevity Annuity Contract

You’ve worked hard your entire life to stash away your hard-earned money into 401(k)s and IRAs, and you’re finally ready …

Allianz Reports Boom in Buffered Annuity Sales

Further evidence of the recent boom in buffered variable annuity sales has surfaced in the form of third quarter numbers …

New Push for Annuities in 401(k) Plans

Recently, the Trump administration took steps to encourage plan sponsors to offer annuities in 401(k)s, according to a recent InvestmentNews …

Hybrid Annuities Continue to Gain Momentum

The hybrid annuity market has been on fire recently, and experts agree that it’s only going to get hotter. Eric …

GLWB Riders and Retirement Income

A new study has found that more owners of variable annuities with a guaranteed lifetime withdrawal benefit (GLWB) rider are …

ARTICLES & GUIDES

Jackson National Jumps On Fee-Based Annuity Wagon

Jackson National Life Insurance Company has just announced the launch of their new fee-based

Reduce Your RMD with a Qualified Longevity Annuity Contract

You’ve worked hard your entire life to stash away your hard-earned money into 401(k)s and IRAs,

Allianz Reports Boom in Buffered Annuity Sales

Further evidence of the recent boom in buffered variable annuity sales has surfaced in the form of

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Document reference: #1500261-17

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