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Category: Deferred Annuities

Feb 18, 2024 - Annuities by |

San Francisco Financial Elder Abuse And Annuity Attorney: Disadvantages Of Deferred Annuities For Older Consumers

ATTORNEY NEWSLETTER Contract Expenses And Fees Withdrawal Penalties Make Exiting Contracts Costly Not FDIC Insured 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 […]

Jan 31, 2024 - Annuities by |

Los Angeles/Orange County Annuity Attorney: Deferred Annuities Are Not Good Choice For Older Persons

ATTORNEY NEWSLETTER Locked In Contracts For Years No Control Over Investments Commissions, Fees And Administrative Costs As an industry saying goes, “Annuities are sold, not bought.” Don’t be one of the people who gets sold. Deferred annuities are long-term insurance contracts which require you to lose control over your investment, […]

Jan 27, 2024 - Annuities by |

La Jolla Financial Elder Abuse And Annuity Attorney: Deferred Annuities Are Poor Choices For Seniors

ATTORNEY NEWSLETTER Disadvantages Of Deferred Annuities For Seniors Expensive To Get Out Of Contract Administration 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, like most […]

Jan 6, 2024 - Annuities by |

Beverly Hills Financial Elder Abuse And Annuity Attorney: Deferred Annuities Are Poor Choices For Seniors

ATTORNEY NEWSLETTER Pitfalls For Older Consumers Complicated, 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 […]

Dec 26, 2023 - Annuities by |

Los Altos Financial Elder Abuse And Annuity Attorney: Deferred Annuities Are Not For Seniors

ATTORNEY NEWSLETTER Complex Contracts With High Fees  Withdrawal Penalties For Getting Your Money Back Lack Of Transparency On Interest Crediting And Other Features 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 […]

Dec 22, 2023 - Annuities by |

San Francisco Financial Elder Abuse And Annuity Attorney: How Deferred Annuity Income Riders Work

ATTORNEY NEWSLETTER Income Riders Are Costly Income Rider Benefits Are Rarely Realized Other Deferred Annuity Downsides For Older Consumers Life insurance agents often encourage older consumers to purchase lifetime “income riders” for deferred annuity contracts.  These “riders” are attachments to the policy and an annual additional fee is charged by […]

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