Click to Enlarge Convert an Old Annuity to a New Hybrid Annuity with Long Term Care and Get 5 Times the Value in Tax Free Long Term Care 73% of Annuity Owners Intend to Use Their Annuity for a Catastrophic Illness or Nursing Home Care Many consumers purchase an annuity based on their existing and […]
Money Matters – Skloff Financial Group Question of the Month – November 1, 2019 By Aaron Skloff, AIF, CFA, MBA Q: We read the Understanding Annuities article and the 1035 Tax-Free Exchange article. Can you please explain Hybrid Annuities with Long Term Care (LTC)? The Problem – Paying for a Long Term Care […]
Money Matters – Skloff Financial Group Question of the Month – November 1, 2019 By Aaron Skloff, AIF, CFA, MBA Q: We read the Understanding Annuities article and are interested in single premium immediate annuities (SPIAs). Can you please explain SPIAs? The Problem – Guaranteed Lifetime Cash Flow There is a scarcity of […]
Money Matters – Skloff Financial Group Question of the Month – November 1, 2019 By Aaron Skloff, AIF, CFA, MBA Q: We read the Understanding Annuities article and are interested in fixed indexed annuities (FIAs). Can you please explain FIAs? The Problem – Fixed Indexed Annuities (FIAs) Can be Confusing Fixed index annuities […]
Money Matters – Skloff Financial Group Question of the Month – November 1, 2019 By Aaron Skloff, AIF, CFA, MBA Q: We read the Understanding Annuities article and are interested in multi-year guarantee annuities (MYGAs). Can you please explain MYGAs? The Problem – Finding Guaranteed High Interest Rate Vehicles in a Low Interest […]
Money Matters – Skloff Financial Group Question of the Month – November 1, 2019 By Aaron Skloff, AIF, CFA, MBA Q: We read the Understanding Annuities article and are interested in single premium deferred annuities (SPDAs). Can you please explain SPDAs? The Problem – Guaranteed Lifetime Cash Flow Starting in the Future There […]
Money Matters – Skloff Financial Group Question of the Month – November 1, 2019 By Aaron Skloff, AIF, CFA, MBA Q: We read the Understanding Annuities article and the Understanding Single Premium Immediate Annuities (SPIAs) articles. Can we increase our after-tax return on our safe money, guarantee that income for our lifetimes, gain […]