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The Truth about Qualified Longevity Annuity Contracts (QLACs)

Ever since the IRS and the Treasury Department made the monumental announcement that longevity annuities (aka deferred income annuities, aka your own “private pension plan”) can now be allowed in qualified retirement plans such as 401(k)s, 403(b)s, and IRAs, there has been a ton of chatter about these qualified longevity annuity contracts (aka QLACs). Sadly,  Click to Continue

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5 Common Mistakes to Avoid When Investing in Annuities

Investing in annuities can be tricky. Since annuities are contracts with insurance carriers, you need to understand how these contracts can work to maximize the benefit they can provide to you. You also need to know how to help avoid mistakes that can occur when purchasing an annuity. There are 5 common mistakes I see  Click to Continue

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What is Annual Reset and Why do I Want it?

This is an educational video brought to you by Retirement Servicing Group and Cal Burgess. This video shows how annual reset can work within either an Indexed Universal Life policy or Fixed Indexed Annuity. This is a core concept within many safe money vehicles designed to protect your money moving forward. Annual reset is the most effective  Click to Continue

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What Are Annuities?

You’re a first time investor, female, sixty years old. Your financial planner mentions annuities. You’re thinking, “What are annuities”? The homework begins. An annuity is a contract between you and an insurance company that requires the insurer to make payments to you. A lump-sum payment or a series of payments. Payments either immediately or in  Click to Continue

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What Questions You Should Ask Before Purchasing a Fixed Indexed Annuity?

What should you do before sinking your hard earned money into fixed indexed annuities (FIAs)? First, get some background information on FIAs by doing some research. You should understand any financial product before plunking a portion of your retirement savings into it. Armed with that knowledge, here are six questions you should ask before purchasing  Click to Continue

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What is an “ANNUITY HATER”?

So just what is an “Annuity Hater” you ask?  To give you the basic answer, an Annuity Hater is someone (usually a financial advisor) that hates annuities usually because they simply don’t understand them.  More importantly, they usually don’t take the time to understand the different types of annuities, the real pros and cons, and  Click to Continue

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Don’t replace your Annuity until you watch this video!

Annuities have been around for ages (literally), and every 5 years or so, some new annuity feature always seems to be released as carriers find new ways to create benefits and innovate.  With these changes brings on the opportunity to “upgrade your annuity” to have some of the latest in annuity enhancements.  But of course,  Click to Continue

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