Sentences with phrase «other annuity products»

Individuals who are insured under a life insurance policy, a pension or other annuity product that carries a death benefit enter into a contract with a life insurance carrier at the time of application.

Not exact matches

Big broker - dealers will seek to serve small balances in individual retirement accounts on a flat - fee and fiduciary basis using developing technology, the report predicts, while insurance companies will have to lower variable annuity expenses and commissions to be in line with other financial products.

The proposal also would not apply to sales of mutual funds or other securities, unless related to an annuity or life insurance product.

MassMutual offers a wide range of financial products and services, including life insurance, disability income insurance, long term care insurance, annuities, retirement plans and other employee benefits.

Other sellers include Member Life Insurance Company's CUNA Members Horizon, said Kevin Loffredi, senior product manager, annuity solutions with Morningstar.

Annuities and other insurance products are offered through PNC Insurance Services, LLC, a licensed insurance agency.

Allianz, a top annuity seller in the North American market, is shifting its business mix toward these and other «capital - efficient» products, company executives said earlier this year.

In a report issued Tuesday, Warren said the responses from the firms «reveal a widespread practice of offering agents kickbacks in exchange for promoting certain annuities» and other products, and that «such kickbacks are effectively concealed from customers.»

The memo also states that advisors are steering clients into variable annuities and other «complex» products that charge higher fees.

Warren defines «kickbacks» as including not the commissions from the sales of those products, but «lavish cruises, luxury car leases, and other perks to annuity sales agents to promote their products.»

Anyone who has funded an annuity with other financial products, knows that moving money from risk - based investments to an annuity is fraught with numerous barriers and delays.

«Positive rating actions could occur if the company diversified its product offerings into more creditworthy product lines, resulting in sales growth in products other than fixed indexed annuities,» A.M. Best analysts said.

A more likely scenario is challenge and change, with FIAs, DIAs, immediate annuities and IOVAs evening out market share with other individual annuity products.

With the exception of second quarter 2014, fixed index annuity (FIA) sales were «greater this quarter than in any other second quarter in the history of the product line,» said Sheryl J. Moore, president and CEO of both Wink Inc. and Moore Market Intelligence.

Annuities and other insurance products are offered through PNC Insurance Services, LLC.

RIAs know there are lots of products other than annuities to choose from, though none are quite like annuities so insurers have to make a case for how RIAs can use annuities to complement a retirement portfolio.

Other variable annuity carriers are expected to follow, and many have already cut back on features in products they continue to sell.

Time was, when a company wanted to stop selling a variable annuity, it could «Great - West» the product, she recalls, meaning if the carrier sold no more than 5,000 contracts total (among other conditions), it would not have to update the product registration statement.

Hauptman added that the «harm that continues to befall retirement investors as a result of fixed indexed annuities and other products being improperly marketed and sold to retirement investors is immense.»

Orders for fixed income securities and other products such as life insurance and annuities can also be placed over the phone with a Wealth Management Brokerage Services associate.

What sets annuities apart from any other financial product is that it provides a contractually guaranteed income stream regardless of how long you live.

Annuities, in particular, are attractive to many consumers from the standpoint of tax deferral because — unlike other tax - deferred accounts, such as 401 (k) s and IRAs — the product has no limits on annual contributions.

An IRA is an investment account that can consist of a variety of financial options, including stocks, mutual funds, bonds, annuities, certificates and other investment products.

Many are also licensed to sell other products, like insurance and annuities.

Our partnership with Cetera Advisors Networks LLC provides members access to mutual funds, stocks, bonds, annuities, insurance products and other important tools to properly plan their financial future.

FDIC insurance does not, however, cover other financial products and services that insured banks may offer, such as stocks, bonds, mutual fund shares, life insurance policies, annuities or municipal securities.

Other than a few restrictions such as limitations on using funds for estate planning service firms and certain annuities or insurance products, the loan proceeds could be used for anything you choose.

Another aspect of avoiding confusion is that a 1035 exchange can be used for both qualified and non-qualified annuities and simply means that the account can be moved to a similar product without taxation in the same way as used for other life insurance products.

For a prospectus containing this and other information for any variable annuity or variable life product that invests in Putnam Variable Trust funds, contact your financial advisor for a contract prospectus and prospectus for the underlying funds.

Mutual funds, annuities and other investment products are not FDIC insured; are not deposits or obligations of, or guaranteed by, any financial institution; and are subject to risks, including possible loss of the principal amount invested.

In my humble opinion as someone who is now debt free (except the mortgage) after having over $ 90,000 of consumer debt, I do not think it is a good idea to invest in a brokerage account, money market, annuity, or any other financial product until your consumer debt is paid off.

The Brighthouse Guaranteed Income BuilderSM deferred income annuity, like all annuities, is an insurance product and is not insured by the FDIC, the NCUSIF, or any other government agency, nor is it guaranteed by, or the obligation of, the financial institution that sells it.

There are, however, some options that combine long - term care with other common insurance products such as life insurance or annuities.

«Fixed indexed annuities can be combined with Social Security, independent accounts, and other employer - sponsored options, if available, to help ensure a balanced financial plan, while also being the one product in the mix to assure a lifetime income stream that keeps going.»

For all other products, complete the requested fields to receive a custom illustration from an annuity sales support specialist.

* All Santander Investment Services Balances with the exception of: Annuities held at Mass Mutual, All State, Phoenix, Ohio National; Immediate Annuities or Annuities that have become Annuitized; Insurance Products with the exception of certain products held directly with a product sponsor (e.g., insurance, annuity, mutual fund, 529 and other like product spProducts with the exception of certain products held directly with a product sponsor (e.g., insurance, annuity, mutual fund, 529 and other like product spproducts held directly with a product sponsor (e.g., insurance, annuity, mutual fund, 529 and other like product sponsors).

One other issue behind supporting a retirement annuity as a solution to our financial needs as retirees involves figuring out who's going to offer these products.

And, because interest credited to a fixed indexed annuity can be determined by a formula linked to a market index, the product offers the opportunity for increased interest over other traditional annuities.

One product that not only guarantees lifetime income, but also provides other benefits, such as peace of mind, no matter what happens in the market, is fixed indexed annuities.

Rather, with a long - term care rider attached to your life insurance or annuity, you get the benefit of the other insurance product, using the long - term care benefit only if necessary.

Tax deferral offers no additional value if an annuity is used to fund a qualified plan, such as a 401 (k) or IRA, and may be found at a lower cost in other investment products.

Securities (including mutual funds and variable life insurance), annuities and insurance products are not bank deposits and are not insured by the FDIC or any other agency of the United States, nor are they obligations of, nor insured or guaranteed by, Chemical Bank, or its affiliates.

Because annuities carry no cash value, performing a 1035 exchange to other products is not permitted.

The «Annuities Are Good» view: On the other hand, there's no doubt that there is some merit to the various annuity products, and there are places where they are exactly the right tool for the job.

Other products that Genworth also stopped selling as of early 2016 include single premium deferred and immediate annuities such as the:

Along with other members of the GE Financial Assurance family of companies, GE Life & Annuity offers a variety of protection and accumulation solutions and is especially known for its competitive variable annuities and variable life products.

To fully understand annuities, the first important aspect to note is that, just like other insurance products, regardless whether we're talking about convertible term life insurance, whole life insurance, universal life insurance, etc., annuities are a contract between the policy owner and the insurance company.

Annuities have been around since the Roman Empire, and I have always tried to envision the first annuity lunch seminar with some guy in a toga talking about a too good to be true product as other people in toga's gorge themselves on a free Roman buffet.

JNLD handles the Jackson National retail products — including annuities — to both independent and regional broker - dealers, warehouses, independent agents, and other financial institutions.

By: Laura AdamsMore myths swirl around annuities than any other financial product.