Category: Deferred Annuity

ATTORNEY NEWSLETTER Potential Problems For Seniors Costly Exits From Policies Pay Attention To Fees, Participation Rates And Caps Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed annuities, like most deferred annuities, […]

ATTORNEY NEWSLETTER Avoid The Sales Hype Around Annuities Long-Term Contracts Are Costly To Exit Commissions And Fees Diminish Returns 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 […]

ATTORNEY NEWSLETTER Locked In For Years No Investment Control Commissions, Fees And Administrative Costs As an industry saying goes, “Annuities are sold, not bought.” Don’t be one of the people who gets sold. Deferred annuities are long-term insurance contracts which require you to lose control over your investment, and some […]

ATTORNEY NEWSLETTER Complicated Policies Are Difficult To Exit Investment Strategies May Underperform Market Returns Eroded By Commissions, Contract Fees And Caps Deferred annuities are not similar to mutual fund investments or electronically traded funds.  Instead, deferred annuities are long-term insurance contracts which require you to lose control over your investment, […]

ATTORNEY NEWSLETTER Specific Disadvantages For Seniors Exiting A Policy Is Costly Commissions, Fees, Participation Rates And Caps Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Evans Law Firm, Inc. generally advises older […]

ATTORNEY NEWSLETTER Deferred Annuities Are Not Good Choices For Seniors Exiting Deferred Annuities Is Costly Fees, Participation Rates And Caps Diminish Returns Whenever a life insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed […]

ATTORNEY NEWSLETTER Getting Your Money Back Is Costly Withdrawal Penalties Lock Policyholders In To Investment Strategies Rate Of Return Can Be Very Low Deferred annuities are long-term insurance contracts which require you to lose control over your investment, and some annuities may earn little to no interest.  As an industry […]

ATTORNEY NEWSLETTER Exercise Caution Whenever An Agent Recommends An Annuity Penalties For Exiting Deferred Annuities In Early Years Returns Eroded By 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 […]

ATTORNEY NEWSLETTER Misleading Life Insurance Agent Representations California Law On “Medicaid Annuities” Other Pitfalls Of Deferred Annuities For Seniors Whenever a life insurance agent or financial advisor of any kind suggests an annuity for you, be wary, especially if you are retired or nearing retirement.  Be especially cautious if the […]

ATTORNEY NEWSLETTER Potential Problems For Seniors Exiting Contracts Is Costly Investment Returns Eroded By 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 an […]