An annuity might seem simple to some and overwhelmingly complex to another. There are variable annuities, fixed annuities, immediate annuities and fixed index annuities that are also sometimes called equity index annuities. Wow – so many terms. Many advisors use one word – annuity, and never clarify just what they mean.
Often these one word advisors are speaking of the various issues with variable annuities. Yes, variable annuities can have a multitude of issues, especially when sold for the wrong reason – namely, the agents financial gain.
We perform comprehensive analysis on annuities that are already owned by people. This analysis finally explains to the owner everything they need to know.
Today you can learn a few terms by reading this article by one of the industry magazines. Note: this article is supposed to be used to educate the insurance agent. Why shouldn’t you read it too?
Annuity Terms Explained
This is an educational article and not an offer to sell an annuity. We need to know so much more about your goals and desires to make any suggestions.
If you have questions or would like to know more about what might fit your needs (hint: it is likely not a variable annuity) give us a call at 866-589-9366. If we are not available, please leave a message.