Annuities, Knowledge is Power is intended to provide a thorough understanding of how Annuities work. The tax implication of owning an annuity, different types of annuities such as single, flexible premium and when they may be paid out.
A thorough understanding will also cover how annuities compare to other bank and market products, making sure that attendees understand all of the terms involved such as rates and fee values, floor options, etc.
Annuities also reduce client risk, have many closet benefits and options for owners, beneficiaries and other policyholders that need to be understood. General provisions of annuities will be discussed at length, plus product sweeteners that give added value. This includes, but is not limited to bonuses, bail outs, withdrawals, nursing home benefits, disability income and tiered interest rates.
An 83 item Toolkit is included to answer the most frequently asked questions that consumers have concerning annuities.
Finally, a Sample Application and Transfer/Rollover form for monies is discussed. This is an exhaustive conversation on Annuities, Knowledge is Power.