The potential pitfalls to look out for include the differences in insurance companies’ age requirements for turning on the “income for life benefit,” and excess withdrawals from annuities with lifetime income guarantees that are calculated on a “pro-rata” basis vs. a dollar-for-dollar basis.
Estimated reading time: 0 minutes, 27 seconds
Making Annuities Work For Your Clients
In this piece, Forbes contributor Ryan Wibberly argues that, despite their bad reputations, annuities can be valuable investments for certain clients if the financial advisor recommending them is educated about how they work and diligent enough to scrutinize the contract’s fine print.
Most Read
-
-
Feb 21 2011
-
Written by Administrator
Add us to your Safe Sender list: We want to…
-
-
-
Nov 07 2012
-
Written by Administrator
Progressive Media Group Subscription Agreement This agreement states the general…
-
-
-
Mar 09 2013
-
Written by Staff Writer
While market bulls are understandably cheering the ongoing equity rally…
-
-
-
Nov 07 2012
-
Written by Administrator
Welcome We’re glad you chose to visit a Progressive Media…
-