Description
In this class we will learn:
- Are “bonus” annuities good or bad, and the only time you should use them (hint: it’s in the fine print)?
- How the newer CD-type MYGA annuities work and why they pay a higher rate than most other fixed products
- How the fixed indexed annuity really works, which indexes have the highest potential, and how to find the best contracts
- The three most important question to ask your advisor
- Who insures annuities, and why it is imperative that you understand these limits
- How to get an annuity that will pay you a long-term care health care insurance benefit, and how to know if you qualify for tax-free distributions on these
- How to analyze whether your current annuity is good, mediocre, or terrible, and how to fix the bad ones quickly and easily
- Using IRS code 1035(a) to improve your old annuity policy without paying any income taxes. You may even be able to turn “tax deferred” into “tax free”
