Category: Annuities

ATTORNEY NEWSLETTER Complex, Long-Term Insurance Policies Withdrawals Penalized Lower Returns And Investment Risk Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come.  The concept sounds simple enough but in fact deferred annuities, like fixed indexed annuities, […]

ATTORNEY NEWSLETTER Complicated Insurance Contracts Penalties On Withdrawals Commissions, Fees, Participation Rates And Caps Deferred annuities are insurance contracts where the policyholder pays a premium to an insurance carrier now for income payments in the future. Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they […]

ATTORNEY NEWSLETTER Complex Insurance Policies Penalties On Withdrawals Commissions, Annual Fees, Participation Rates And Caps Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Whenever a life insurance agent or […]

ATTORNEY NEWSLETTER Complex, Expensive Insurance Contracts Surrender Penalties On Withdrawals Sales Commissions, Contract Fees And Caps On Returns Life insurance agents often approach older consumers with proposals for deferred annuities as vehicles for retirement income. Deferred annuities are complex insurance products and are not like direct investments in mutual funds, […]

ATTORNEY NEWSLETTER Deferred Annuities Are Complex Long-Term Insurance Contracts Penalties On Withdrawals Commissions, Contract Fees, Participation Rates And Caps On Returns Deferred annuities are insurance contracts where the policyholder pays a premium to an insurance carrier now for income payments in the future. Evans Law Firm, Inc. generally recommends against […]

ATTORNEY NEWSLETTER Disadvantages For Older Consumers Costly, Complex Contracts Withdrawals Penalties, Commissions And Fees Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up a senior’s money for years and impose significant penalties if you need […]

ATTORNEY NEWSLETTER Returns On Your Money Diminished By Contract Fees Surrender Penalties On Withdrawals Investment Risk Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up a senior’s money for years and impose significant penalties if […]

ATTORNEY NEWSLETTER Disadvantages of Deferred Annuities Use The Free Look Period To Reconsider Other Contract Disadvantages Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid because during […]

ATTORNEY NEWSLETTER Avoid The Hype On Deferred Annuities Commissions, Annual Fees, And Withdrawal Penalties Unfavorable Interest Crediting Formulas Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid […]

ATTORNEY NEWSLETTER What are Riders To Annuity Contracts? Costly With Little Benefit Other Contract Disadvantages Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. Even more problematic for older consumers are […]