Many annuities offer a great rate to start, but then you see the interest rate drift down after the first year. Have you noticed that your annuity interest rate keeps falling? Have you even paid attention to it?
Most people are pretty good about making sure that they're getting the best rates on their bank CDs, credit cards, car insurance, even their mortgage. We all know that you can save a lot of money by simply shopping for a better deal.
Not nearly as many people realize that you can - and should - do the same kind of competitive review of your existing annuity policies. Even fewer people know that you can easily trade-in an older, possibly under-performing annuity for one that better suits your needs, and with no out-of-pocket expenses or current taxes to pay!
Obviously, this course of action should only be pursued if there is a clearly defined benefit to doing so and the possibility of any surrender charges have been fully explored.
Here's One Tax Law That
Actually Works In Your Favor!
Since you're not actually spending the money you transfer, you don't have to recognize the earnings as current income. That means you can move your money to the most competitive plan you can find without sacrificing the benefits of tax-deferral.
Annuity Evaluation from AnnuityAdvantage.com
Please call us toll-free at 1-800-239-0356 with any questions you may have.
|¹ First year yield/rate reflects fixed rate
plus premium bonus or interest rate enhancement.|
Interest is based on current rates and subject to change without notice.
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