Category: Deferred Annuities

ATTORNEY NEWSLETTER Surrender Penalties And Illiquidity Locked In To Investment Strategies Sales Commissions, Annual 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 […]

ATTORNEY NEWSLETTER Annuity Sales Commissions Are Significant Premium “Bonuses” Are Phantom Benefit Lengthy And Costly Surrender Periods Deferred annuities, like fixed indexed annuities, are long and complicated insurance contract under which an insurance company agrees to pay you income at regular intervals in the future in return for an upfront […]

ATTORNEY NEWSLETTER Penalties On Withdrawals And Contract Fees Complex Interest Crediting Rules Risks Of Loss Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange from an income stream in years to come.  The principal sounds simple enough but in fact deferred annuities, like fixed […]

ATTORNEY NEWSLETTER Complex And Expensive Insurance Policies Deceptive Sales Practices High Commissions, Fees And Policy Expenses A deferred annuity is an insurance contract between you and an insurance company. You buy the annuity by making one or more premium payments to the insurance company. The insurance company promises to make […]

ATTORNEY NEWSLETTER Understanding How Deferred Annuities Work Surrender Penalties A Big Downside For Seniors 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 […]

ATTORNEY NEWSLETTER Deferred Annuities Are Complex And Expensive Insurance Policies Policy Features Limit Your Upside Fees And Expenses May Be High Evans Law Firm, Inc. generally recommends against certain types of deferred annuities, including fixed indexed annuities, for older consumers based on what we have seen in our litigation experience: […]

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 […]