Category: Deferred Annuities

ATTORNEY NEWSLETTER Penalties For Accessing Funds Loss Of Control Of Investment Sales Commissions And Contract Fees Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Popular talk show advisor Suze […]

ATTORNEY NEWSLETTER Aggressive Sales Tactics By Some Agents Always Review With Another Professional And Family Legal Protections For Senior Consumers Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Deferred […]

ATTORNEY NEWSLETTER Contracts Carry High Expenses And Fees Surrender Charges Make It Costly To Exit Risk Of Insurer Default 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 […]

ATTORNEY NEWSLETTER Nationwide Life and Annuity Insurance Company Annuities Nationwide’s New Heights© Products J.P. Morgan MOZAIC I and MOZAIC II Investment Strategies Nationwide Life and Annuity Insurance Company, part of the Nationwide Mutual Insurance Group, issues fixed indexed annuities in California under the trade names Nationwide New Heights©, Nationwide High […]

ATTORNEY NEWSLETTER Nationwide Life and Annuity Insurance Company Annuities Nationwide’s New Heights© Products J.P. Morgan MOZAIC I and MOZAIC II Investment Strategies Nationwide Life and Annuity Insurance Company, part of the Nationwide Mutual Insurance Group, issues various types of deferred annuities here in Los Angeles and throughout the State of […]

ATTORNEY NEWSLETTER  “Retirement Counseling” Sessions Be Wary Of Annuity Sales Soon-to-retire federal employees in California should use caution if they receive a flyer or see a poster for a “counseling session”, “workshop” or seminar. Also, you may just receive a flyer encouraging you to contact “retirement specialist” without any seminar […]

ATTORNEY NEWSLETTER Be Wary Of “Retirement Counseling” Sessions Sales Of Nationwide New Heights© Annuities If you are a soon-to-retire federal employees here in California be careful: you may be invited to a “counseling session” or seminar.  Retirement seminars are sometimes held in union halls, hotels or other spaces accommodating large […]

ATTORNEY NEWSLETTER Loss Of Control Of Investment Penalties On Withdrawals  Sales Commissions, Contract Fees And Low Returns Deferred annuities are complex, long-term insurance products which are not generally suitable for older consumers.  Evans Law Firm, Inc. recommends against certain types of deferred annuities, such as fixed indexed annuities, for older […]

ATTORNEY NEWSLETTER Surrender Penalties And Illiquidity Locked In To Investment Strategies Sales Commissions, Annual Fees And Low Returns Fixed indexed annuities (FIAs) and other deferred annuities are long-term, complex insurance policies which require you to lose control over your investment.  Seniors and those close to retirement are often targeted by […]

ATTORNEY NEWSLETTER Annuity Sales Commissions Are Significant Premium “Bonuses” Are Phantom Benefit Lengthy And Costly Surrender Periods Deferred annuities, like fixed indexed annuities, are long and complicated insurance contract under which an insurance company agrees to pay you income at regular intervals in the future in return for an upfront […]