Auto Insurance Blog 11 August 2008

11 August 2008

The Wrong Approach, Annuities – Equity Indexed Annuities

Posted by James Breen at 8/11/2008 1:47:00 PM

I could sense, it was an effort to write something about selling annuity. I wonder if anyone remember still how honest should an author should be. One of the best accounts I have ever read is this article.

This is quite impressive. This publication is good. I should have one too.

I just got this nugget in my email box: The SEC has proposed Rule 151A to classify Index Annuities as Securities. If 151A is approved you will be required to have the securities license & index annuity sales will be reviewed by your broker dealer. If you're unfamiliar, an index annuity is an insurance company product that pays a low, but safe, guaranteed rate of return but enables the buyer to participate in market returns at some level. What I have seen are things like a 2% guaranteed ..[more].

Take a look on this one post on not long ago. Read the rest of this entry »

Posted at 13:47 0 comments

Competitive Rates of Return With concerns over inflation and making sure that investments will meet our future needs, many people have turned to the equity market for higher returns. It makes sense when you consider how well the S&P 500 index has performed historically. Traditional Annuity Benefits Equity index annuities offer the same benefits as traditional annuities. deferred growth and early withdrawal of funds without penalty. This early withdrawal is usually conditioned upon the annuitant's death or admittance to a nursing home.

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