Category: Deferred Annuities

ATTORNEY NEWSLETTER Seniors Should Avoid The Sales Hype  Long-Term Annuities Are Costly To Exit Sales Commissions And Fees Diminish Returns Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come.  The concept sounds simple enough but in […]

ATTORNEY NEWSLETTER Disadvantages For Seniors Penalties For Exiting Deferred Annuities Commissions, Fees, And Withdrawal Penalties 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 deferred annuities, impose withdrawal penalties, […]

ATTORNEY NEWSLETTER Policies Carry High Expenses And Fees Withdrawal Penalties Lock You In Investment Risk Is Not Insured Against 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 Exiting Contracts Is Costly Sales Commissions, Fees, Participation Rates And Caps Questionable Sales Tactics 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. Whenever an insurance agent or […]

ATTORNEY NEWSLETTER Seniors Should Avoid Deferred Annuities Expensive, Complicated Insurance Policies Withdrawal 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 […]

ATTORNEY NEWSLETTER High Expenses And Fees Surrender Penalties Lock You In Deferred Annuities Are Not Insured Investments 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 […]

ATTORNEY NEWSLETTER High Expenses And Fees Surrender Penalties Lock You In Deferred Annuities Are Not Insured Investments 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 […]

ATTORNEY NEWSLETTER High Expenses And Fees Locked In By Withdrawal Penalties Uninsured Investment Risk 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 […]

ATTORNEY NEWSLETTER What are Riders To Annuity Contracts? Costly With Little Benefit Other Contract Disadvantages 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.  Even more problematic for older consumers are […]

ATTORNEY NEWSLETTER Understand The Downsides Significant Withdrawal Penalties Sales Commissions And Fees Erode Returns Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come.  The concept sounds simple enough but in fact deferred annuities, like fixed indexed […]