FinancialVerse - Today's Annuity Products

Today's Annuity Products was written in an easy to understand style to educate the individual researching annuity products for use in their financial affairs. The book gives the reader all information necessary to understand annuity products and to prepare themselves to meet with a financial professional to investigate their purchase. The book takes the reader on a complete journey through the world of annuity products including:Chapter 1 - What Are Annuities and How Do They Work? i What Are Annuities?i Key Characteristicsi Brief History of Annuitiesi The Key Phases of An Annuityi Understanding the Basic Building Blocksi Overview of the Business of Annuitiesi How Annuity Companies Are Regulatedi SummaryChapter 2 - The Core Benefits of Annuitiesi Introductioni Unlimited Contributions for Non-Qualified Annuitiesi Tax Deferrali Principal Protectioni Ability to Be Swapped Tax Freei Probate Avoidancei Access to Cash When Neededi Offset to Longevity Riski Guaranteed Protected Incomei Death Benefitsi Nursing Home, Long-Term Care and Terminal Illness Benefitsi SummaryChapter 3 - Annuity Income Tax Benefits and Negativesi Congress and the Lawi Taxation Basics for Annuity Productsi SummaryChapter 4 - Annuity Product Typesi The Six Major Product Typesi Fixed Annuitiesi Variable Annuitiesi Buffered or Structured Annuitiesi Fixed Indexed Annuitiesi Immediate Income Annuitiesi Deferred Income Annuities and QLACsi SummaryChapter 5 - Why Buy An Annuity?i The Key Risks Annuities Protect Againsti Why Buy An Annuity?i Why An Annuity Might Not Be Right for Youi SummaryChapter 6 - The Major Positives and Negatives to Buying Annuitiesi The Positives and Negatives of Fixed Annuitiesi The Positives and Negatives of Variable Annuitiesi The Positives and Negatives of Buffered Annuitiesi The Positives and Negatives of Fixed Indexed Annuitiesi The Positives and Negatives of Immediate and Deferred Income Annuitiesi The Right Mix of Policies to Buyi SummaryChapter 7 - How Much Income Should I Plan For?i America's Income Challengei The Three-Legged Stool of Fulfilling-Stage Savingsi The Income Replacement Ratioi SummaryChapter 8 - Financial Strength Behind the Productsi Life Insurer Financial Strength Ratingsi Rating Agency Contact Informationi State Government Guaranty Fundsi SummaryChapter 9 - Where to Buy and the Buying Processi The Cash Savings Needs Hierarchyi Paying for Your Annuityi The Places You'll Look - The Purchase Channelsi Questions to Ask Before You Buyi The Five Steps to Purchasing An Annuityi How Much Do Annuity Salespeople Earn on My Purchase?i SummaryChapter 10 - Your Next Stepsi Performing an Income Check-Upi Making the Purchasei Keeping the Policy In-Forcei Filing A Claim for Benefitsi SummaryChapter 11 - Final Thoughts / Should You Buy An Annuity?The book also contains resource checklists that prepare the reader to perform a financial check-up in preparation for determining their annuity product needs and a list of the key annuity organizations they can turn to for information about the products. Today's Annuity Products takes the over 20 years of the author's experience with these products and condenses into an understandable and useful resource for the potential annuity buyer.