Short
Best no fee annuities explainedSummaryIn this 0:24 Annuities Explained YouTube Short, Jeffrey Scott McLeod, LUTC, covers “Best no fee annuities explained.” There are over 2500 insurance companies and that's exactly why you should get the NIC buyer guide prepared by the National Association of Insurance Commissioners. They give you 23 questions to ask when shopping for an annuity to to find the best no fee Insurance education only—not securities advice. Key takeaways
From the NAIC Buyer’s GuideFees, surrender charges, and any market value adjustment can reduce what you receive. Read the contract for how charges work in your state. You usually have to pay a surrender or withdrawal charge if you take some or all of your money out of a deferred annuity during a stated period. Some contracts allow a limited free withdrawal each year (for example, 10% or less of account value). The 2022 NAIC Buyer’s Guide for Deferred Annuities explains that an annuity is a contract with an insurance company. With an annuity, the insurer promises to pay income on a regular basis for a period you choose—including the rest of your life. Source: NAIC Buyer’s Guide for Deferred Annuities (2022). The guide does not endorse any company or policy. For your state insurance department, see www.naic.org. Questions about fixed index annuities? Call or text 501-658-9882 · Book a time on the calendar Insurance-only disclaimer Jeffrey Scott McLeod, LUTC, is a licensed insurance producer. Content on this page is educational and discusses insurance products only—not securities, brokerage, or investment advisory services. Texas license 901162. Arkansas / National Producer Number 558629. Product availability, rates, and features vary by state and insurer. Read the NAIC Buyer’s Guide and the insurance contract before you buy. More videos |
Jeffrey Scott McLeod, LUTC — Licensed insurance producer. Texas license 901162. Arkansas / National Producer Number 558629. Insurance products only; not securities or investment advisory services.
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