Annuity Seminars

As already said, you do not give enough information for someone to tell you whether an EIA is right for you or not. Keep in mind that EIAs are fixed annuities and must be regarded as fixed income investments and not equity investments. Most of the time, the EIA will not refer you anywhere near the returns of the index. The reason is that the EIA has a capitalization rate (the more they can go in 1 year) and a participation rate (the% of the gain you receive). For example, say your EIA is linked to the S & P 500 and the maximum rate is 10% and the participation rate is 90%. If the S & P 500 up 20% in one year, your return would be 9% (90% of the maximum rate of 10%). If the index posted a negative return, you get 0%. Make sure that if you invest in an EIA you know these rates in advance.

If you like the idea of tax-deferred growth (an annuity) and you are looking for participation in the stock market, and you want a guarantee of your capital, take a look at a variable annuity with living benefits.

Keep in mind that most annuities have surrender periods of long duration. They also have costs that are included in the insurance company can give you guarantees.

In appropriate circumstances, there is certainly a place for annuities in an investment plan long term. Unfortunately, there are many scruples, pushing product vendor out there that call themselves financial advisers who are interested in trying to make a big commission. Annuities are not an easy topic to learn about yourself. I recommend that you ask an experienced, trusted financial advisor to help you. Start by asking family members and close friends for a referral.
Good luck!

Trade Wow, these are strong opinions in the preface of "I can not tell you if annuities are not for you more ..."

EIA generally have very low costs compared to fixed or variable annuities. Many are large redemption fees and long, but you can find some that do not. Trade is the law in that vendors use these seminars are searching for the greatest possible and the Commission have not really your best interests in mind. Furthermore, the EIA who pay the highest commissions are generally those with the most transfer charges.

EIAs are beautiful when an investor wants to protect against negative market returns and is ready to give up the top. I generally see better value for my client risk adverse variable annuity product rather than EIA.

Depending on your asset size, you can find a financial planner who uses no income tax in an expense of film. This way you can take advantage of professional knowledge and expertise to help you determine if a pension is a right to a portion of your portfolio and help them find the right one for you. A wrap fee agreement charge you based on a percentage of the value of your account. The percentage decreases as the value of your account grows and generally varies from 2% to .25%.

I know that trade is probably Info grimacing as he reads, but the important thing is to find an adviser you trust. Ask friends who they have used, both good and bad. (It is good to know who to avoid, too.) You can try the Search feature on the site planner from the Financial Planning Association, www.fpanet.org

Good Luck

I can not tell you if annuities are for you without more info. However, I can guarantee you that if you go to seminars and buying annuities to those people running the shows, they rape, pillage and plunder your retirement savings. Redemption fees and charges to kill you.

If you have a pension, go to.