02/02/2024
The More You Know:
•Annuities are insurance products.
•Professionals who offer annuities to you have an insurance license.
•Fun words, big numbers and bonuses don’t equal great investments-if they aren’t in all the right places and you don’t. Have all the information.
If you’re considering investing your hard-earned money somewhere, ask these questions:
1-What is my participation rate?
2-What is the cap on my earnings?
3-What are my fees each year?
4-This big bonus you’re offering, is it on the entire amount or an Income Rider?
5-What are my payout options? Can I change this structure?
6-Can my account value increase even AFTER I begin taking withdrawals?
These answers should come in tangible percentages/numbers, substantial explanations, etc.
If they gloss over these…🚩
If they don’t want to answer/redirect…🚩
If they want to know who told you to ask or get defensive…🚩
When you have these answers, come see me. With a free consultation, I can help you understand and make sure your funds are truly protected…and what your other concerns and questions should be.
Annuities are great for the right person in the right product. Not ALL of them are great. Some of them just pay really great commissions…
