Rob Brinkman |
October 14, 2013 |
Member Posts, Miscellaneous Annuity Info, Rob Brinkman
A recent study conducted by the Society of Actuaries and the Stanford Center on Longevity attempts to equip employers and plan sponsors with information on RIGs (Retirement Income Generators). An R.I.G. is an annuity, which they conclude produces higher income than traditional investment income. In this educational video, Rob Brinkman provides history backgrounds and overviews of both Defined Benefit plans and a Defined Contribution plans. Further, he will help you understand the study’s conclusion and explains why the study is titled: the Next Evolution in...
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Rob Brinkman |
October 11, 2013 |
Annuity Basics, Annuity Beneficiaries, Member Posts
Written By: Lyndol Anderson in Abilene, TX For persons interested in setting up an annuity, knowledge of the difference between an owner driven contract and an annuitant driven contract is very important. It is sometimes very hard to distinguish but the differences between the two can have an undesired effect upon control of the contract and the distribution of the account value. The core discrepancy between the two styles of annuity contracts comes into play when there is a death of the owner and/or annuitant....
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Stan The Annuity Man |
October 10, 2013 |
Annuity Basics, Annuity Definition, Ask Stan The Annuity Man, Member Posts
Annuities are the curse word of the financial industry. Because of decades of bad selling practices, annuities have earned their bad reputation as “too good go be true” products that aren’t what they were pitched to be by the typically aggressive annuity agent. This negative stigma is unfortunate because annuities have their appropriate place in a lot of portfolios if you fully understand how they work, and how they should be allocated to compliment your current holdings. The past is the past, so let’s take...
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Rob Brinkman |
October 7, 2013 |
Annuity Basics, Annuity Definition, Annuity Videos, Fixed Annuities, Index Annuities, Member Posts, Rob Brinkman, Variable Annuities
Have you been sold or “pitched” an annuity and you have no idea if it is the right kind of annuity for your specific needs? As you hopefully know, there are numerous types of annuities that are designed to address a specific risk or groups of risks that many retirees face. A set of pros and cons for one annuity type is often completely different when analyzing benefits and features of other types. Education is key, and the video below does a great job in...
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Stan The Annuity Man |
October 3, 2013 |
Annuity Definition, Ask Stan The Annuity Man, Immediate Annuities, Member Posts, SPIA
Question: Why would anyone buy an immediate annuity? What’s the purpose of it? Isn’t it just getting your money back? from Taylor G. in Los Gatos, California Answer: Interesting questions Taylor, but very good ones. An immediate annuity is formally called a Single Premium Immediate Annuity, and also known as an income annuity. It is the original annuity product and was first introduced in Roman times. People buy immediate annuities because they are looking for a pension type income stream. They want to make sure...
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Stan The Annuity Man |
October 3, 2013 |
Member Posts, Miscellaneous Annuity Info
Written By: Larry Klein in Walnut Creek, CA I am a CPA (inactive), a retired financial advisor and active investor. Before making any large financial decision (on behalf of a client or for my personal needs), I do a tremendous amount of research to ensure that no stones are left unturned. Every time I research anything relating to annuities on Internet, I’m baffled by the tremendous amount of misinformation that is published online, so I am writing this brief article in an attempt to shed...
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John L. Olsen |
October 1, 2013 |
Annuity Basics, Annuity Suitability, Annuity Taxes, Deferred Annuities, Fixed Annuities, Immediate Annuities, Index Annuities, John L. Olsen, Member Posts, Miscellaneous Annuity Info, Variable Annuities
If you are considering the purchase of some kind of annuity, you know what you want and need. But how can you determine whether the annuity product being recommended to you will meet your needs better than a different kind of annuity or some non-annuity alternative (such as a CD or mutual fund)? And how did the insurance agent showing you the annuity decide that the product he’s showing you is the one most suitable for you? The answer to both questions lies in that...
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John L. Olsen |
September 30, 2013 |
Member Posts, Miscellaneous Annuity Info
Written By: H.A. Reniger, III, in Simi Valley, CA Several weeks ago, after an expensive repair to our 1999 minivan, we decided it was time to look for a replacement. We bought the minivan when it was new, and keep our cars for many years after they are paid off. To my wife and me, buying a new car is like going to the dentist for a root canal, prepping for a colonoscopy, or buying an annuity: The emotional side of your brain wants to...
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Rob Brinkman |
September 27, 2013 |
Annuity Basics, Index Annuities, Member Posts, Rob Brinkman
Just what is this hyped up “Hybrid” Annuity that so many annuity agents and financial advisors are talking about? The term ‘hybrid annuity’ is often used to describe a Fixed Index Annuity (FIA). In this video, Rob Brinkman explains how a Fixed Annuity chassis is used as a platform for the “Hybrid” Annuity, and how the insurance company provides its Index Annuity owners with the opportunity to participate in market upswings while being protected from market downturns with the use of options. The following FAQs...
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Stan The Annuity Man |
September 26, 2013 |
Annuity Basics, Ask Stan The Annuity Man, Fixed Annuities, Index Annuities, Member Posts, Variable Annuities
Question: Annuities seem to be the hot financial product with all of the advisors I have recently met with. They can’t be good for every single person, so who should not buy an annuity in your opinion? from Walt S. in Lincoln, Nebraska Answer: Great question for the annuity buying public Walt. Much appreciated for the opportunity to provide this much needed answer. First of all, it’s important to know what annuities actually are and what they should solve for within your portfolio. Annuities are...
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