Tricks of the Trade and Equity Indexed Annuities
Posted by James Breen at 16 April 2008 5:28
I could sense, it was an effort to write something about sell annuity. I wonder if anyone remember still how honest should an author should be. One of the best accounts I have ever read is this article.
It gathered all the information on sell annuity I need not long ago. The author is wise, and much more intelligent animal than I can image. That's a fantastic post, read this:
Do You Want to Sell Your Annuity Payments for Cash? Good news because you can. There is a website that helps you out and tells you how to go about it. If you want to receive a lump sum of cash for your annuity payments head on over to Settlement Quotes for all of the information on .. read the rest part.
It describes, in meticulous detail:
The TV remote passed by NBC Dateline on the way to ESPN this evening (arggh, Denver won, Warriors slim chance for playoffs...) and caught my attention with coverage on how sales people are trained to sell equity indexed annuities. I know mortgage brokers who have gotten insurance licenses to sell these products. The MO is to do a cashout refi and then invest the cash into these long term annuities. The mortgage brokers make money on the refi and the annuity commissions. Dateline's Chris ..[next].
If I like the post, I will desperately collect it and treat it as my baby. You are right, I am here, because I love your post:
Dateline did a hidden camera investigation into the world of shady annuity salesmen targeting seniors and playing on their emotions to lock their life savings away in funds they may never live to receive the benefit from, or pay stiff penalties, not disclosed in the sales pitch, for early withdrawal. In this clip, Dateline producers attended "Annuity University," a two-day session run by Tyrone Clark to teach them how to sell to elders. He settled with the state of Massachusetts after he ..read more.
It is lovely.
I am not convinced that anyone has the first idea of how this could be done.
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