8% really, can I actually be guaranteed 8%? I am sure you have seen the ads for these possible rates of returns. In fact, Google to word “Annuity“ and feast your eyes on how much money you can earn by investing in an annuity. Wow, these are very high rates of interest when you consider […]
The Federal Government needs to respect States Rights. In a speech recently, SEC Commissioner Luis A. Aguilar suggested the need for more federal government oversight for the annuity industry. His decision was based on the amount of “fraud” currently invading the annuity industry. Of course, once again, the SEC has it all wrong; the fraud […]
With current bankruptcy laws making it more difficult to qualify for debt relief on still available avenue could be the use of an annuity. In some states the income from an annuity payment is protected from creditors. Each state is different and many states have had these laws come under fire because of lawsuits. It is important to always ask for legal and tax advice when considering using an annuity as a protected asset.
What is the risk when using US Treasury Bills, US Treasury Notes, and US Treasury Securities as an investment vehicle? The danger is inflation.
One secret not many know is this, insurance risk is never shouldered by any one company, no matter how big or how small the promised benefit may be. The ads you see on TV showing a healthy male can pay just $40 a month to protect his family with a $500,000 death benefit is really a whole bunch of companies banded together to help each other spread out any claim. This is known in the insurance trade as re-insurance.
The record stock market gains of 2013 and the market’s ability to ignore everything from poor earnings reports to last April’s announcement of a QE3 decline in Treasury buying should be seen as a new wave of “irrational exuberance.”
A little known benefit of a fixed indexed annuity — the income tripler.