Stan The Annuity Man |
September 5, 2013 |
Ask Stan The Annuity Man, Member Posts
Question: My parents live in Florida, don’t have much money, and have only bought CDs from an investment standpoint. Now every month, it seems, they are calling me to explain an annuity the bank is trying to sell them. Why is their bank branch now pushing annuities so hard? from Fred in Sarasota, FL Answer: Great question, and this is happening nationwide, not just in Florida. This madness all started a few years ago when it became legal for banks to sell investments to their...
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Stan The Annuity Man |
September 3, 2013 |
Barry Goldwater, Long Term Care Insurnace, Member Posts
Written By: Barry Goldwater in Newton, MA The way we think about our health is extremely interesting in a denial sort of way. There is a very large pod of people who practice some of the unhealthiest lifestyles and who believe nothing adverse will affect their health moving forward. This is why greater than half the population in overweight and many of them detrimentally so even though there is evidence reported every week that asserts that practically every disease can be controlled by weight loss...
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Stan The Annuity Man |
August 29, 2013 |
Annuity Basics, Ask Stan The Annuity Man, Fixed Annuities, Longevity Annuities, Longevity Annuity, Member Posts
Question: I’ve met with a couple of agents and advisors and keep seeing some of the same companies. Do all advisors have access to every annuity out there? Roy from Charleston, South Carolina Answer: This is an important question Roy, because a lot of annuity salespeople call themselves “independent”….but they might only recommend just a few of their favorite companies. Let’s take a look at the 3 primary types of annuity sales people that you will run across, and each of their annuity inventory limitations....
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Rob Brinkman |
August 23, 2013 |
Annuity Videos, Index Annuities, Member Posts, Rob Brinkman
Ben Bernanke of the Federal Reserve is clearly pointing to higher interest rates in the future. Probably not a surprise as he would have trouble taking interest rates any lower than they have been for the last few years. Quantitative easing is coming to an end and now the conservative investor, who has traditionally relied on bonds as a safe money alternative, faces a quandary. How to safely make money in a rising interest rate environment? This educational video explains (in a very detailed, yet...
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Stan The Annuity Man |
August 22, 2013 |
Ask Stan The Annuity Man, Deferred Annuities, Income Riders, Index Annuities, Member Posts, Variable Annuities
Question: Is there a way to buy an income rider without having to buy an annuity? from Steve in Houston, TX Answer: This is one of the most forward thinking and insightful questions I’ve ever received. You Steve, are a visionary my friend. Currently, there are a select few companies working on income riders that are “non-annuity”, with more coming in the near future in my opinion. People want guarantees and benefits that annuities provide, but in many cases, they don’t want to tie their...
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Stan The Annuity Man |
August 20, 2013 |
Barry Goldwater, Member Posts, Retirement Case Studies
Written By: Barry Goldwater in Newton, MA How would you like to be able to do this for your family: create income with low tax burdens, leave a legacy to your family, and support philanthropic endeavors? This article describes the process and the strategy that provides all three benefits at the same time. Fortunately, there are ways for everyone to take advantage of the principals of charitable giving provided that you have saved well and you are now are in a position to reorient that...
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Carl Ostenson |
August 19, 2013 |
Annuity Beneficiaries, Carl Ostenson, Member Posts
When I do beneficiary reviews, or help clients fill out an annuity application, one of the easiest and neatest things to explain to them is how adding two words to their beneficiary form, can help to insure they don’t unintentionally disinherit their grandkids. It takes about a minute to explain, and then most people want to update their old forms right away. Here are all the different types of accounts that have beneficiary forms: Annuities Life Insurance IRAs 401ks, 403bs Some types of bank accounts...
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John L. Olsen |
August 16, 2013 |
GLWB Rider, Index Annuities, John L. Olsen, Member Posts, Variable Annuities
“Lifetime withdrawal benefits” are very popular these days; most of the indexed or variable deferred annuities sold today are bought by consumers who paid extra for this “rider”. Regrettably, all too many of those buyers believe that, for that extra cost, they will earn a guaranteed “investment return equal to the “rollup rate” of the annuity. They won’t. They will get a guaranteed amount of income, but that’s not the same thing. Let’s define our terms. A “Guaranteed Lifetime Withdrawal Rider” (usually abbreviated as GLWB)...
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Stan The Annuity Man |
August 15, 2013 |
Ask Stan The Annuity Man, Deferred Annuities, Fixed Annuities, Immediate Annuities, Index Annuities, Member Posts, Variable Annuities
Question: Who regulates and oversee annuities? Is it at the state level or at the federal level? Bart from Santa Barbara, California Answer: Great question Bart, but as usual with annuities, the answer is a little complex. Annuities are regulated at the state level, and each state has a guarantee fund that backs up policies to a certain dollar amount. To find out the specific levels for your state, go to www.nolhga.com. There’s no uniformity in coverage, and every state has different dollar protection limitations. ...
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Stan The Annuity Man |
August 14, 2013 |
Annuity Guys, Annuity Videos, Fixed Annuities, Member Posts, Variable Annuities
Written By: The Annuity Guys Are you trying to figure out which annuity will offer the best way to grow your money safely and generate income that you can count on as long as retirement lasts (without depleting your initial principal)? There are hundreds of insurance companies offering thousands of annuities – but how do you know what the best annuity is for you? It really is pretty simple. The best annuity is an annuity the helps to fulfill your specific financial objectives. However, don’t be surprised if your...
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