Can Your Annuity Do This?

Many people buy annuities based on recommendations from their agent . However , many people do not even know what they own . It's a good idea to take stock of your investments , inventory and particularly your annuity . It is important to understand what your annuity can and can not do and what functions it has . Here are some of the things you definitely need to know about your annuity :

1. What interest rate you currently getting ?

2. The rate getting worse ?

3. What is the value of your insurance company ? ( Critical)

4. What are your surrender charges ?

5 . Is your client ever in danger?

6. What retirement income options and has to have your annuity
7. Is your annuity Medicaid Friendly?

8. Have you your beneficiary annuitant and even ownership of your annuity to point ?

9. How safe is your annuity ?

10. Is your annuity subject to double taxation ?

12. What is your minimum guarantee ?

13. Are you eligible for a 1035 exchange ?

14. What happens in the event of your death ? Are your heirs are entitled to all the money or are there penalties ?

This is a good beginning inventory . These questions are important in ensuring you do what is right for you . As mentioned earlier , the best annuity is the one that is best for YOU . And by taking inventory of what you own , you can now judge it against your own goals and make sure there is a match .

By the way, this is a good process to periodically go through. As you know , you over time . And as they change , you must ensure that your investments are always in line with your goals . If they are , great. If they do not , well , change your goals --- or change your investments ! But make sure there is a match .

Hopefully this helps . And remember, it's not what you know , it's what you do with what you know . If this makes sense, then your annuity pull out and take inventory . There is no better time than the present.

Tony Bahu is the author of the controversial document , ' Annuities : The Shocking Truths ' , the secrets that the banks and insurance companies do not want you to know reveals .

For more information on his document , visit the site below now !