Understanding Annuities FAQ

Mutual Insurance Companies 
What are Mutual Insurance Companies?

Whole Life Insurance 
Can you explain why whole life insurance is a better choice vs. term and indexed universal life insurance?

self banking 
I read Nash's Be Your Own Banker. He was talking about a high dividend whole life insurance policy. I am 73, I don't have the growth period needed to …

Infinite banking concept 
The infinite banking concept relies on paying your cash value back with interest. The insurance company typically charges an average of 6% on the cash …

Whole Life Insurance 
Which companies do you work with for whole life insurance?

IRA retirement income 
I'm retired at age 65 with $500K in laddered IRA CDs, of which $250K has recently matured and the renewal CD rate is only 2% for another 5 years. My financial …

Joint account names on annuities 
I had some of retirement (401K) rolled over to be invested in various annuities; at time of retirement I was 52 years old. Obviously, long-term investment …

Fixed and Fixed Index Annuities.  
Can payments be deferred from these annuities until requested? Such that the principal amount continues to grow at it accumulates interest. Thank you. …

SECONDARY MARKET ANNUNITES 
I HAVE BEEN GETTING INFO ABOUT SECONDARY MARKET ANNUNITIES WHICH SEEM TO BE A GREAT DEAL WITH HIGHER INTEREST RATE. CAN YOU TELL MORE ABOUT THEM

money withdrawal 
is there a penalty to withdraw your money?

Allianz MasterDex 10 annuities 
Re: My Allianz MasterDex 10 annuities investment I have recently filed Chapter 7 bankruptcy and have been trying to find out from CA attorneys whether …

Immediate Annuities 
I want to take an immediate annuity, however when I retired last year the payouts were higher than they are now. I found an annuity after 7mos that will …

Annuity Pensions 
What are annuity pensions and how are the costs determined?

Shopping for Annuities 
How do I shop for the right Annuities for me?

How Do Annuities Work? 
I'm still confused. How do I know what annuity is right for me?

Annuity Distributions 
What is a "10 year period certain, plus life?" I'm just 65 and have been advised by a friend to begin receiving monthly distributions from a small ($14,300), …

premium bonus on an annuity 
What are some of the tricks or things insurance companies do to recoup that 10% premium bonus they offer to offset your surrender charge when you switch …

index annuity 
I understand the index annuity principle is protected at all times. What is the average return on this type annuity?

Annuities and creditor liability 
Hello, I have an annuity purchased in California and I am receiving an income stream payout. Is my annuity protected from creditors? Thank you for any …

Variable annuity 
What is your opinion of Principal's Investment Plus Variable Annuity?

Safety 
Are annuities protected by the U.S. Government? What happens if your insurance company goes under?

An annuity for a 92 year old woman with Alzheimners and 2 years to live 
My Mother is 92 years and has both Alzheimers and diabetes II. The doctors say she has two years left to live. A commissioned annuity agent is advising …

Annunity type 
What does a "Non-qualified" annunity type mean? Is this good or not so good?

Variablle Annunity 
Any red flags in a Allianz Vision Investment Protector Annunity ? We are told it has costs of 1.65% on a 4 year plan and 1.7 on 7 year + .90% for an Investment …

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Fixed Annuity State guarantees 
Is it unwise to put more than $500,000 in a fixed annuity since New York State has no guarantees beyond this amount?

Annuities and medicaid 
If you are in a nursing home and spending down your money to qualify for Medicaid do you have to disclose your annuity?

Medicare Annuity Not rated yet
My mother is in a nursing home, she has 6 months to live. She just went on private pay today and the lawyer I saw suggested I put all her money in a medicare …

Cashing Out an Inheirited Annunity Not rated yet
I have an inherited annuity and I had it deferred for 5 years. I am half way thru the 5 years and I am needing to advice on how to avoid the taxes. I do …

Self directed annunities Not rated yet
How does one go about purchasing a self directed annunity?

100% annuity vs 50% cash and 50% annuity? Not rated yet
I am retired and have the option to take my pension as 100% annunity with full cash refund to my beneficiary if I die before my pension is exhausted or …

Swiss annuity tax treatment Not rated yet
My existing 15 Yr swiss annuity was written in 1998. When I purchased the annuity I was told it was tax exempt. Tax law concerning swiss annuities has …

Inflation Not rated yet
It seems that inflation over the long term has averaged about 3.5% per year. How do fixed annuities offset inflation, since the value of the dollars in …

Settlement annuity not being paid Not rated yet
What can you do if you have a structured settlement annuity that the insurance company is not makeing the payments and wont tell ou why except that there …

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