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Category: Annuities Fraud

Jul 22, 2024 - Annuities by |

San Mateo County Annuity Attorney: Deferred Annuities Are Not Good Choices For Senior Citizens

ATTORNEY NEWSLETTER Disadvantages For Older Consumers Costly, Complex Contracts Withdrawals Penalties, Commissions And Fees Deferred annuities are extremely complicated insurance contracts sometimes running to 50-100 pages of technical language and actuarial tables. Seniors are often targeted by insurance agents with proposals for deferred annuities.  Evans Law Firm, Inc. generally recommends against […]

Jul 20, 2024 - Annuities by |

Santa Clara County Financial Elder Abuse And Annuity Attorney: Deferred Annuities Are Not For Seniors

ATTORNEY NEWSLETTER Disadvantages For Older Consumers Expensive And Illiquid Contracts Limits On Returns Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency, and are illiquid (meaning it is costly to get your money back). […]

Jul 15, 2024 - Annuities by |

Marin County Annuity Attorney: Why Seniors Should Avoid Deferred Annuities In Their Portfolios

ATTORNEY NEWSLETTER Disadvantages Of Deferred Annuities For Seniors Getting Out Of A Contract Is Expensive Sales 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.  Indexed annuities, […]

Jul 1, 2024 - Annuities by |

San Francisco Financial Elder Abuse And Annuity Attorney: Disadvantages Of Deferred Annuities Are Not For Seniors

ATTORNEY NEWSLETTER Low Returns And High Fees Withdrawal Penalties Last For Years Unfavorable Interest Crediting Formulas Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid because during […]

Jun 27, 2024 - Annuities by |

San Francisco Annuity Attorney: Disadvantages Of Deferred Annuities For Senior Citizens

ATTORNEY NEWSLETTER Poor Liquidity High Fees Complex Contracts Deferred annuities are extremely complicated insurance contracts sometimes running to 50-100 pages of technical language and actuarial tables. Seniors are often targeted by insurance agents with proposals for deferred annuities. Younger investors may be disappointed in the returns on any annuity they’ve been […]

Jun 22, 2024 - Annuities by |

San Francisco Annuity Attorney: Deferred Annuities Are Not Good Choices For Senior Citizens

ATTORNEY NEWSLETTER Disadvantages For Older Consumers Costly, Complex Contracts Withdrawals Penalties, Commissions And Fees Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up a senior’s money for years and impose significant penalties if you need […]

Jun 17, 2024 - Annuities by |

San Francisco Annuity Attorney: Deferred Annuities

ATTORNEY NEWSLETTER Deferred Annuities Are Not For Seniors Costly, Complex Contracts Withdrawals Penalties, Commissions And Fees Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up a senior’s money for years and impose significant penalties if […]

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