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All About Annuities » 2014 » September

ON THE MONEY: Equity-indexed annuities are popular but complex

ON THE MONEY: Equity-indexed annuities are popular but complexNews from Aiken Standard: Sales of these products have gone through the roof in the past few years, since they have been touted as being the panacea for investors, usually seniors, who want to have guarantees, but want upside investment potential. These are complicated products that potential [...]

L.A. Bikur Cholim head’s role revealed in annuities scheme

L.A. Bikur Cholim head’s role revealed in annuities schemeNews from The Jewish Journal of Greater L.A.: U.S. Securities and Exchange Commission headquarters in Washington, D.C. Image via Wikipedia Although the final legal shoe appears to have dropped in an $ 850,000 settlement between broker Michael Horowitz and the Securities and Exchange Commission (SEC) in an [...]

Four reasons why we do still need annuities

Four reasons why we do still need annuitiesNews from Telegraph.co.uk: Under the new rules, people about to retire are likely to be offered many investment opportunities that sound exciting but probably involve higher costs, more investment risk, more complexity and less certainty. Pensioners tend not to be natural financial thrill seekers. Our view is that [...]

Who Benefits From Retirement Annuities

Who Benefits From Retirement AnnuitiesNews from Investopedia: If you’re looking for guaranteed income during retirement, one obvious option is an annuity. The problem is, while this product can provide you with a guaranteed income stream, it is a considerably more expensive strategy than managing your retirement portfolio yourself. Here’s a look at the different types [...]

Hate annuities? 7 reasons you might change your mind

Hate annuities? 7 reasons you might change your mindNews from MarketWatch: Even though there are over $ 200 billion of annuities sold annually in the U.S., the industry finds itself at the crossroads of consumer legitimacy. A demographic tidal wave of retiring baby boomers, money in motion, and a yearning for guarantees will change the [...]

A New Approach to Retirement Income: Low-Cost Investment-Only Variable …

A New Approach to Retirement Income: Low-Cost Investment-Only Variable …News from DigitalJournal.com: LOUISVILLE, Ky.–(Business Wire)–Jefferson National and Wade Pfau, Ph.D., CFA, Retirement Income Professor at The American College of Financial Services, today released a whitepaper to help RIAs and fee-based advisors better understand when a guaranteed variable annuity (VA) is worth the cost of the [...]

Wells Fargo pushes insurers to lower commissions on indexed annuities

Wells Fargo pushes insurers to lower commissions on indexed annuitiesNews from InvestmentNews: Wells Fargo Advisors is pushing for lower commissions and shorter surrender schedules on indexed annuities — a move that is likely to garner a lot of attention among insurers and broker-dealers. On Monday, Wells Fargo kicked off its newly updated annuity platform to [...]

Variable Annuities -

Variable Annuities -News from What’s the Tax Deferral Worth? – Forbes: How marvelous is tax-deferred investing! That is the selling pitch with tax-deferred annuities. Your assets expand under the protection of a tax shelter. You owe tax when you eventually pull the money out, but the shelter allows them to compound at a faster rate. [...]

Annuities aren’t all bad

Annuities aren’t all badNews from MarketWatch: Shutterstock So many annuities to choose from, so little time … There’s a lot of confusion when it comes to annuities, and most people are unaware of how many types of annuities are even available. If you’re in the camp that believes all annuities are bad, then it might [...]

Deferred Variable Annuities: Pros and Cons

Deferred Variable Annuities: Pros and ConsNews from Forbes: Investors are in love with variable annuities, which pack a nice tax benefit: They compound tax-free until you take the money out. Limra (the Life Insurance Marketing & Research Association) estimates that these products are selling at the rate of $ 145 billion a year. Most of [...]