Variable Annuities
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Does anyone here use variable annuities for their clients? The commissions are better than mutual funds and they seem to make a lot more sense with the guarantees.
The search key is located at the top of the page just to the right of center. I suggest starting with a search for "annuity".
I was kind of wondering about them too. Where did you learn about them? I just found out about them a couple weeks ago. They seem like a good alternative to VUL. What did you learn about them?Does anyone here use variable annuities for their clients? The commissions are better than mutual funds and they seem to make a lot more sense with the guarantees.
I was kind of wondering about them too. Where did you learn about them? I just found out about them a couple weeks ago. They seem like a good alternative to VUL. What did you learn about them?[/quote][quote=IH8U2]Does anyone here use variable annuities for their clients? The commissions are better than mutual funds and they seem to make a lot more sense with the guarantees.
All I know is that they're real easy to sell and the commissions are real good.
I was kind of wondering about them too. Where did you learn about them? I just found out about them a couple weeks ago. They seem like a good alternative to VUL. What did you learn about them?[/quote][quote=snaggletooth][quote=IH8U2]Does anyone here use variable annuities for their clients? The commissions are better than mutual funds and they seem to make a lot more sense with the guarantees.
All I know is that they're real easy to sell and the commissions are real good.
[/quote] Hmmmmmmm...easy to sell? I don't know, I heard most clients and advisors don't know anything about them. Commissions are real good? If you have a fee based business, and charge 1.25%, over the 7 year surrender period, you will make 8.75%. If you sell an annuity with a 7 year surrender and make 7.25%, you will make about 1.04% per year. That's about all I know. What else did you hear? I've tried to search "annuities" but I can't find much of anything worthwhile. Where are you getting all this information? I wish someone would tell me about this stuff...
[quote=snaggletooth]
Hmmmmmmm...easy to sell? I don't know, I heard most clients and advisors don't know anything about them. Commissions are real good? If you have a fee based business, and charge 1.25%, over the 7 year surrender period, you will make 8.75%. If you sell an annuity with a 7 year surrender and make 7.25%, you will make about 1.04% per year. That's about all I know. What else did you hear? I've tried to search "annuities" but I can't find much of anything worthwhile. Where are you getting all this information? I wish someone would tell me about this stuff...[/quote][quote=B24]He’s a troll, just trying to get you all going again.[/quote]
All I’m here for is to make you say
"He’s a troll, just trying to get you all going again."
Mission accomplished. I own you.