I do believe that one of the problems in the annuity industry is that in order to sell fixed and index annuities, all one needs is an insurance license. That means, your annuity agent may not have ANY formal education in the financial arena…THAT’S SCARY.
For you to entrust someone with that kind of money, and [...]

Yes, this is the second time I am going to write about this topic. It warrants attention because I have seen it in the newspapers over the past several days. If you’ve read my opinion on this topic, please forgive me.
Butl, I have to tell you that it amazes me much stupidity surrounds the [...]

Okay, so here is the other problem with the index annuity. Many agents try to sell it as the ‘answer to all problems.’ The fact of the matter is, it is not that at all. An indexed annuity is designed to have the potential to capture a little more upside than a traditional fixed annuity [...]