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All About Annuities » Variable

The Pros and Many Cons of Variable Annuities

The Pros and Many Cons of Variable AnnuitiesNews from ABC News: If you’re middle-aged or older, there’s a good chance that a financial services company will contact you about a variable annuity. These highly complex products are often said to be sold, not bought. Annuities are basically the opposite of life insurance. With life insurance, [...]

Annuity Sales in 2014 – Does Fixed or Variable Come Out on Top?

Annuity Sales in 2014 – Does Fixed or Variable Come Out on Top?News from Market Realist: Annuity Sales in 2014 – Does Fixed or Variable Come Out on Top? (Part 1 of 4) An Introduction to Annuities By Sean Millard  • Apr 2, 2015 1:56 pm EDT What are annuities? Annuities are savings-oriented financial products [...]

The Ultra-Wealthy Are Increasingly Considering Private Placement Variable …

The Ultra-Wealthy Are Increasingly Considering Private Placement Variable …News from Forbes: Thinking longer-term, the affluent are looking for ways to invest while mitigating taxes on their investments. Hence, the growing appeal of private placement variable annuities. Simply put: a private placement variable annuity enables wealthy investors to defer income taxes on the growth of their [...]

Deferred-income annuities grab spotlight from traditional variable annuities

Deferred-income annuities grab spotlight from traditional variable annuitiesNews from InvestmentNews: The lowly deferred-income annuity is finally getting its moment in the sun, as well as in clients’ retirement income plans. Deferred-income annuities started as a variation of the single-premium immediate annuity (SPIA), using a similar concept: A client puts down a lump sum and receives [...]

LPL Financial agrees to pay $541000 for faulty variable annuities switches in …

LPL Financial agrees to pay $ 541000 for faulty variable annuities switches in …News from InvestmentNews: + Zoom Massachusetts Secretary of the Commonwealth William Galvin (Steve Marsel) More bad news for LPL Financial regarding its oversight of sales of variable annuities — Massachusetts securities regulators said Tuesday that LPL had agreed to reimburse senior citizens [...]

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 [...]

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. [...]

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 [...]

Variable Annuities Punish Returns, Taxes and Heirs

Variable Annuities Punish Returns, Taxes and HeirsNews from ABC News: In these days of low bond yields, many people are looking for easy, set-it-and-forget-it investments to generate income. Stepping aggressively into this itchy market are insurance companies and their salesmen, extolling the supposed benefits of the variable annuities (VAs) they offer. This type of annuity [...]

Column: Variable annuities can help in retirement prep

Column: Variable annuities can help in retirement prepNews from Stillwater Gazette: Erickson Many studies show that most Americans are unprepared for retirement. According to the U.S. Department of Commerce, Bureau of Economic Analysis, the average 65-year-old can live for another 19 years as opposed to 13 years in 1940. Many retirees are in real danger [...]