Variable Annuity Comparison

Product Description
Volume: pt.1 Publisher: London : Layton Subjects: Annuities Interest Insurance, Life Notes: This is an OCR reprint. There may be numerous typos or missing text. There are no illustrations or indexes. When you buy the General Books edition of this book you get free trial access to Million-Books.com where you can select from more than a million books for free. You can also preview the book there…. More >>

Text-Book of the Principles of Interest, Life Annuities, and Assurances ; And Their Practical Application

We are to receive monthly payments from a liability settlement (details are too painful to go into here). Will these payments be taxable as well as the initial bulk payment of half of the liability amount?

A company is looking to sell our employees a 10 year level renewable term life insurance policy with a tx-deferred annuity rider and an optional waiver of premium rider………..is this a good thing?

Whats the deal with them?

I want access to my investment and I want to pass funds on to my son when I die.

Since the stock market is so shakey I wouldn’t want to lose my retirement money to the stock market! What are the tax implications and benefits?

My husband and I have been advised to buy a significant amount of whole life insurance as a safe way to invest. We have just started our family and I am a little wary. I am not really sure I understand why it would be better to do this than to invest in bonds, annuities, etc. Any ideas? answers?

I cancelled a variable life annutity contract after 4 years of contributing with my post tax dollars. Surrender charges were outrageous, can I deduct them as a capital loss?

Is there such a thing as a fixed, inflation-adjusted annuity – if so, what are the advantages / pitfalls of one?

Has anyone taken the L&H exam? I am taking it in a few days d it seems very simple, but people have told me that it is harder then it looks. I have my Series 7, 63 and 65, but I need the L&H now because of annuity products (why health, I have no clue, but my boss wants me to have it). What are some key points that I should be studying, and what sections does the exam focus on? Is it as hard as the 7,63, 65 (66), I can’t imagine that it is, but….the 65 looked simple in the books, and was a tricky exam. FYI, this is Virginia L&H, but I think the exams are similar in all states. Thanks

I dealt with over 150 clients in my career and haven’t found a single reason why someone would need permanent life insurance. All my clients have term insurance b/c I don’t see why anyone would need life insurance forever. I believe someone needs life insurance at the time when they need it most, which is when they have little savings and lots of debt to pay (such as a mortgage). While I protect the client’s income with term life insurance, I also help them save money for retirement by opening IRAs and/or variable annuities or tax-exempt mutual funds. For kid’s education, I use either a 529 Plan, Coverdell, or UGMA. For estate planning, I setup trust funds.

My Annuity contract states that I get 5.03 interest rate and in addition there is a premium credit of 1%. They refuse to honour that contract and have given me only 3 percent interest rate for the first year. How can they do that, just ripe me off.