Instructor: Greg Andrews - WealthSights Financial
SBAOR Member Cost: Free
Non-Member Cost: $25
Time: 9:00am-10:30am
Location: SBAOR Hall
Click to Register

Understanding Annuities: The Good, The Bad, & The Ugly
Monday, March 4th, 2019


What exactly is an "annuity?" While some people seem to swear by them, others fervently swear at them. The good news is, there's no need to pick a side. Annuities come in all sorts of flavors -- some good, some bland, and as with all things, some to avoid. Did you know that the deferred income paid by Social Security is considered an annuity? How about the lifetime income payments from your corporate or government pension? But then there are also the privately purchased annuities from insurance companies. It's very possible that you personally own a "fixed," "fixed indexed," or even a "variable" annuity. What's the difference??! The real question is -- did you pick the right annuity for you? How has it performed over the years as an investment? Does it compliment your financial goals and fit with your overall retirement plan? Most importantly -- do you understand it? Come to this workshop and learn about annuities through and through -- the good, the bad, and the ugly. Other discussion topics will include annuity fees, contract periods, interest crediting strategies, lifetime income riders, and tips for replacing or exchanging an annuity that™s causing you to curse at children and small animals.

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