Category: Deferred Annuities

ATTORNEY NEWSLETTER Seniors Beware of Deferred Annuities The devil’s in the details. The old idiom is true of much in life. Insurance contracts surely live up to the saying, and none more so than complicated annuities. The Alameda County and California financial elder abuse, annuities and securities attorneys at Evans […]

ATTORNEY NEWSLETTER Understanding Annuities Are Deferred Annuities Right for Seniors? If you are over age 60, live in California and own a deferred annuity, the annuities and financial elder abuse attorneys at Evans Law Firm, Inc. can review the provisions of your contract at no cost to you.  The California […]

ATTORNEY NEWSLETTER FINRA Concerns With L Share Annuities L Share Variable Annuities are a type of variable annuity where the surrender charge period under the contract is shortened to three or four years, as opposed to seven to ten years under standard variable annuities. L Share annuities have higher administrative […]

ATTORNEY NEWSLETTER RiverSource Life Insurance Company Deferred Annuities The annuity attorneys at Evans Law Firm Inc. represent clients who have suffered losses on all types of annuity contracts, including fixed, indexed, and variable deferred annuities. These contracts charge sales commissions, rider fees and other benefit charges, and penalties on full […]

ATTORNEY NEWSLETTER Complaints Over Hybrid Annuities What Are Hybrid Annuities? Hybrid annuities, often called buffer variable annuities or structured variable annuities, are complicated combinations of fixed and variable deferred annuities. Equity-indexed or Fixed-indexed annuities are also hybrid annuities.  Agents and issuers sell hybrids as “buffers” against market downturns with higher caps […]

ATTORNEY NEWSLETTER  A Closer Look At Variable Annuities Variable annuities are hybrid investments with securities and insurance features. Unlike fixed annuities, returns on variable annuities fluctuate with the market. The Financial Industry Regulatory Authority (FINRA) and Securities and Exchange Commission (SEC) both regulate sales of variable annuities.  The complexity and […]

ATTORNEY NEWSLETTER  Security Benefit Total Value Annuities (TVAs) The annuity attorneys at Evans Law Firm Inc. have experience representing clients who have suffered losses on all types of annuity contracts, including indexed annuities. Indexed annuities are hybrid annuities that offer both a minimum fixed rate of interest and an interest […]

ATTORNEY NEWSLETTER Understanding Income Riders What Are Income Riders? Deferred annuities are insurance policies where the policyholder pays a premium today to receive a series of payments back at some future date. Growth on the dollars paid, if any, is tax deferred.  Income riders are attachments to deferred annuities that […]

ATTORNEY NEWSLETTER Understanding Annuities Tying Up Savings and Hidden Costs Annuities are insurance contracts sold to provide guaranteed income for life. Deferred annuities defer that income (and possibly taxes) until a future date. Insurance agents and advisors promote annuities as retirement savings vehicles. We at Evans Law Firm do not […]

ATTORNEY NEWSLETTER Be Wary of Annuities in Any Form What are Deferred Annuities? Tax deferral is the key to successful retirement savings. Annuity salesmen advise consumers to invest in deferred annuities to maximize tax deferral. We at Evans Law Firm counsel caution, especially for senior consumers. Our attorneys have years […]