Sentences with phrase «such as variable annuities»

Kandarian is also reducing reliance on products such as variable annuities, where results are tied to fluctuations in capital markets.

Security regulators are sending out signals that they intend to step up review of distribution of complex financial products, such as variable annuities and equity - linked instruments...

Insurance Agent Fraud: Sometimes insurance agents breach the trust and loyalty of their customers because of the lure of high commissions, causing them to over insure their clients, or sell high commission products they don't need, such as variable annuities.

More complicated products, such as variable annuities and fixed index annuities, can have upfront commissions of 7 percent or more.

Not exact matches

While the best interest contract exemption (the BIC, or BICE) would allow advisors to continue to sell traditionally commission - based products, such as variable and equity indexed annuities, it also exposes the insurance carrier to a heightened liability standard.

These will either be severely restricted or prohibited: Higher priced, more complex products that have issues of liquidity and lack of transparency, such as non-publicly traded REITs, variable annuities, proprietary products or limited partnerships of certain types.

A variable annuity is a tax - advantaged way to save for retirement without some of the limitations of other retirement accounts, such as 401 (k) plans and IRAs.

According to Morningstar Annuity Research Center, variable annuity annual fees range widely, from 0.10 % to 2.25 %, with an industry average of 1.25 %.4, 5 Of course, you will pay more if you need to address a specific risk with a guarantee, such as a guaranteed living benefit, which provides income or asset protection from down markets.

Under these circumstances, you should only consider buying a variable annuity because of its other features, such as lifetime income payments and death benefit protection.

A variable annuity has costs that other investments don't — such as mortality charges, administrative fees, and surrender charges.

If you are investing in a variable annuity through a tax - advantage retirement plan such as an IRA, you will get no additional tax advantage from the variable annuity.

For many people, it's helpful to start by grouping potential sources of income into 2 basic buckets: guaranteed income from sources such as Social Security, pensions, and annuities, and variable income from a job, retirement savings, and other sources such as rental real estate.

Advisors are upset because a couple of big variable annuity carriers — Prudential and Jackson National — are suspending sales of, or deposits into, certain variable annuities, such as those offering guaranteed living benefits.

«By the term product allocation, I mean the decision of how much of your retirement income should come from conventional financial instruments such as mutual funds, and how much should be generated by pension - like products such as life annuities and variable annuities.»

Whereas a fixed annuity relies upon the insurance company's general account to support the contract, a variable contract involves investments in any number of sub-accounts (potentially dozens) consisting of various classes of assets such as stocks, bonds and money market accounts.

Thus, in the same way that life insurance companies offer alternatives such as guaranteed universal life insurance, indexed universal life insurance OR variable life insurance, annuity contracts offer similar options.

For many people, it's helpful to start by grouping potential sources of income into 2 basic buckets: guaranteed income from sources such as Social Security, pensions, and annuities, and variable income from a job, retirement savings, and other sources such as rental real estate.

On the other hand, a variable annuity, which may include investments in more risky options such as mutual funds, IS considered a security and requires a much higher degree of regulation.

Variable annuities also often have higher annual costs and fees than do IRAs and the investments available through them (such as low - cost index mutual funds and ETFs, or exchange traded funds).

Many people come to own multiple variable annuities over their working careers through various employers» retirement plans, such as the 403 (b) plans of governmental and nonprofit organizations, and 401 (k) plans.

A variable annuity enables you to choose its investments from a menu of options such as stocks, bonds and money market funds, while a fixed annuity earns a set interest rate.

A deferred variable annuity, such as Retirement Cornerstone ®, is a long - term financial product designed for retirement purposes.

Variable annuity contracts offer tax - deferred growth potential and optional features such as living and death benefits.

If you are investing in a variable annuity through a tax - advantaged retirement plan such as an IRA, you will receive no additional tax advantage from a variable annuity.

Riders — Riders are options that can be added to a variable annuity, such as lifetime income, withdrawals, or death benefits.

Are there elements of a variable annuity, such as long - term care insurance, that might be purchased less expensively elsewhere?

If your savings and investments are failing to outpace inflation, you might consider investing in growth - oriented alternatives such as stocks, stock mutual funds, variable annuities, or other vehicles.

This included overstating total fees of existing variable annuities or misstating fees tied to additional options such as riders, understating or failing to disclose the existence of an accrued living benefit value clients would lose on getting out of the annuity, and telling clients a proposed variable annuity had a living benefit rider when in fact it didn't, Finra says.

SIPC covers most types of securities, such as stocks, bonds, mutual fund shares and variable annuities, but it does not cover commodities (including commodity futures contracts and options), fixed annuity contracts, currency or investment contracts (such as limited partnerships) that are not registered with the SEC under the Securities Act of 1933.

Variable annuities — which include products such as Manulife's Income Plus and Sun Life's Elite Plus — were all the rage a few years ago.

Variable annuities are designed to be long - term investments and frequently involve substantial charges such as administrative fees, annual contract fees, mortality & risk expense charges and surrender charges.

A variable annuity has costs that other investments don't — such as mortality charges, administrative fees, and surrender charges.

footnote * Before making the decision to switch to another annuity, including the Vanguard Variable Annuity, you should consider all costs — such as annual maintenance fees, surrender charges, fees for optional riders, and death benefits — as well as the financial strength of the insurance carrier.

Steve Vernon for CBS Money Watch says that you can buy immediate annuities through online annuity shopping services, and variable ones through companies such as Vanguard.

The fee structure in broker sold variable annuities such as the one in the analysis above is such that it diminishes the value of the guarantees the products are supposed to provide.

Although Phoenix Life Insurance Company offers a variety of financial services and insurance products such as estate planning strategies, annuities, and income strategies, their primary focus is centered on permanent universal, variable, and whole life insurance.

Because each annuity contract has different terms, features, and requirements, the type of annuity you buy should be based upon your particular needs, such as the need for income, growth from a conservative investment, potential growth from a variable annuity, or the need to access the value in the annuity.

Variable annuities are insurance products, so they provide many important features such as death benefit protection, lifetime income, and optional living benefits.

For those looking to move away from term life policies, permanent life insurance — such as whole, universal and variable life — or annuities can be an attractive alternative.

John Hancock Life Insurance Company offers a wide range of different types of annuities to choose from, such as both fixed and variable annuities.

[5] The QLAC must provide fixed payouts (e.g., the benefits can not be variable or equity - linked such as an fixed index annuity [9]-RRB-.

For those looking to move away from term life policies, permanent life insurance - such as whole, universal and variable life - or annuities can be an attractive alternative.

Variable Annuities — A variable annuity has its funds invested in sub-accounts, which can typically include equity options such as mutuaVariable Annuities — A variable annuity has its funds invested in sub-accounts, which can typically include equity options such as mutuavariable annuity has its funds invested in sub-accounts, which can typically include equity options such as mutual funds.

Under these circumstances, consider buying a variable annuity only if it makes sense because of the annuity's other features, such as lifetime income payments and death benefit protection.

Whereas a fixed annuity relies upon the insurance company's general account to support the contract, a variable contract involves investments in any number of sub-accounts (potentially dozens) consisting of various classes of assets such as stocks, bonds and money market accounts.

A key drawback to ALL annuities, and for variable annuities as a drawback when compared to other investments such as mutual funds, is a lack of liquidity due to early withdrawal penalties and surrender charges.

You are usually able to set up your investments in the variable annuity, so they automatically rebalance on a predetermined schedule (such as annually or quarterly), or you can log on to your account online and move investments around as you wish.

There are also IRAs such as Traditional, Roth and SEP IRAs for retirement planning; mutual funds; after - tax annuities including flexible premium deferred variable annuity and single premium immediate annuities; and life insurance consisting of level term, annual renewable term, universal life (UL), variable universal life (VUL), and survivorship UL & VUL policies.

Farmers» products and services include home insurance, auto insurance, mobile and manufactured home insurance, condominium and renters insurance, specialty home insurance such as seasonal homes, landlord & rental properties, and vacation homes, and flood insurance via the National Flood Insurance Program; motorcycle insurance; life insurance including term & universal life insurance; recreational insurance like insurance for boats, RVs, ATVs, and travel trailers; business insurance for small and medium - sized businesses like property and liability insurance, commercial auto and workers compensation insurance for apartment and commercial property owners, condominium homeowner associations, artisan contractors, offices, religious organizations, educational and non-profit organizations, and other businesses in the light manufacturing, service, retail, restaurant, wholesale, and auto service & repair industries; and financial services and products, like variable annuities and mutual funds.