Common Annuity Mistakes скачать в хорошем качестве

Common Annuity Mistakes

Want To Learn What You Need To Do to Become Financially Empowered? So You Can Accomplish More With Your Money! Then you should check out my FREE money 101 video called "Becoming a Seriously Savvy Woman". If you've been struggling with not knowing what to do or where to start when it comes to investing and managing your finances then you should watch this Video Training because among other things it reveals: The Four Rules of Money for Women The Five Steps to Financial Empowerment The Five Secrets to Becoming a Seriously Savvy Woman Get your money 101 video: https://savvyup.com/money101/?utm_sou... Schedule a consultation: https://go.oncehub.com/ScheduleCallwi... Catherine Magaña is a CFP® or CERTIFIED FINANCIAL PLANNER™ and Managing Partner at Savvy Women Wealth Management in Carlsbad California. We help women invest wisely and create custom financial plans for their way of living so they can enjoy a fulfilling retirement with peace of mind... ...without giving up their lifestyle. ________________________________________________________________________________________________ Transcript: Today’s tip will cover 5 Annuity Mistakes to Avoid If you are considering investing in an annuity, I would suggest you avoid these 5 Annuity Mistakes. 1) Not understanding what the terms mean. If you do not understand something, I would ask and ask again until you understand what you are investing in. 2) Selecting the wrong type of Annuity. There are various types of annuities and available riders for your contract. Some of the common annuity riders are Guaranteed Withdrawal Benefits, Lifetime Income Benefits, Death Benefit Rider, Long Term Care Rider to name a few. 3) Naming a beneficiary, make sure you have a beneficiary on file. Or, make sure you have the correct person on file. Especially, if the person listed in no longer alive or if you are no longer together. 4) Choosing the Right Insurance Provider. I would look for a strong provider with a high rating. 5) Know how much you are paying in fees. What are M&E (referred to as the mortality and expense) fees, administrative fees, optional rider fees and surrender fees? Also, are there investment management fees? What is the total cost? Annuities are not a one size fits all solution. You need to understand what it is, its purpose and how does this investment fit into your overall financial plan or not. https://savvyup.com | 760-692-5700 #savvyup