Category: Deferred Annuities

ATTORNEY NEWSLETTER Long Term Contracts With Surrender Penalties Loss Of Investment Control High Fees And Low Returns Fixed indexed annuities (FIAs) and other deferred annuities are long-term, complex insurance policies which require you to lose control over your investment.  Seniors and those close to retirement are often targeted by insurance […]

ATTORNEY NEWSLETTER Indexed Annuity Downsides Surrender/Withdrawal Penalties, Commissions And Fees Participation Rates And Caps Whenever an insurance agent or financial advisor of any kind suggest an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Evans Law Firm, Inc. generally recommends against deferred annuities for […]

ATTORNEY NEWSLETTER Surrender Penalties On Withdrawals Locked In To Contract Investment Strategy High Fees And Lackluster Returns Be skeptical when an insurance agent recommends a deferred annuity as a safe way to save for retirement in a volatile market like we’re in right now.  The Dow just had its lowest […]

ATTORNEY NEWSLETTER Long-Term Contracts With Surrender Penalties Loss Of Control Over Investments Low Or no Interest And High Fees Deferred annuities, such as fixed indexed annuities, are long-term, complex insurance policies which require you to lose control over your investment.  Some contracts may earn little to no interest, and if […]

ATTORNEY NEWSLETTER Undisclosed Risks Indexed Universal Life Insurance Is “Massively Complex”  Fees Can Drain The Policy Indexed universal life insurance (IULs), like certain types of deferred annuities, generate significant sales commissions for the agents who sell them.  For that reason, some agents, eager to make a sale, may pressure consumers […]

ATTORNEY NEWSLETTER Long-Term Contracts Tie Up Your Money Loss Of Control Over How Your Money Is Invested Fees And Caps On Returns Deferred annuities are long-term insurance contracts with penalties if cashed in too early. Income annuities require you to lose control over your investment, and some annuities may earn […]

ATTORNEY NEWSLETTER Disadvantages Of Deferred Annuities For Older Consumers Surrender Penalties And Fees Six Major Downsides 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. Deferred annuities impose significant surrender […]

ATTORNEY NEWSLETTER Understanding The Disadvantages Of Deferred Annuities Particular Dangers For Older Consumers Some Of The Primary Downsides Explained 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. Deferred annuities […]

ATTORNEY NEWSLETTER Nationwide Life and Annuity Insurance Company Annuities Nationwide’s New Heights© Products J.P. Morgan MOZAIC I and MOZAIC II Investment Strategies Nationwide Life and Annuity Insurance Company, part of the Nationwide Mutual Insurance Group, issues fixed indexed annuities in California under the trade names Nationwide New Heights©, Nationwide High […]

ATTORNEY NEWSLETTER Be Cautious About Retirement Planning Seminars Deferred Annuities Are Complex, Expensive Insurance Policies Surrender Charges On Withdrawals Marketing for deferred annuities is often directed toward those planning to leave the workplace in the near future.  Unions, trade groups, investment advisory firms, insurance agents and others may invite soon-to-be-retired […]