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Tag Archive: annuity scams

How To Avoid Getting Scammed When Funding Annuities

Kevin Gilmartin

So, you have decided to purchase an annuity. Remember that most fixed annuities only provide annual statements – do not wait a whole year to find out if you have been scammed! The Latin statement caveat emptor, “Let the buyer beware,” has never been more appropriate. No one wants to lose his or her retirement savings to the likes of Bernie Madoff, or be the poster child for shows like “American Greed: Scams, Schemes, and Broken Dreams.” Be knowledgeable about where your funds are going....

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How To Easily Identify An Annuity Hater

Kevin Gilmartin

Have you ever considered why an industry that offers dependable transfer-of-risk focused solutions to those interested in protecting their retirement assets can generate so much hate?  The industry being referenced is of course the Annuity Industry, which somehow has many people bashing it….many of which are not even exactly sure why after getting past the “annuity hater talking points” described further in this article.  So why is the annuity industry receiving such flack?  Is it justified?  Who is spreading the sour milk? First, this article...

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