The Annuity Handbook: A Guide to Nonqualified Annuities

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The Annuity Handbook: A Guide to Nonqualified Annuities image
ISBN-10:

0872186180

ISBN-13:

9780872186187

Edition: 3
Released: Jan 01, 2002
Format: Paperback, 235 pages

Description:

The Annuity Handbook, 4th Edition has been updated with the latest available information on nonqualified annuities to provide a comprehensive look at the most current information on the markets, compliance issues, taxation, and uses of annuities.
What's NEW in the 4th Edition:

Product Features:


Market value adjustments

Guaranteed minimum interest rate index

Discussion of owner-driven contracts vs. annuitant contracts

Bonus annuities

Guaranteed death beneftis in variable annuities
Uses of Annuities:


Trust ownership of annuities

Use of annuity payouts and settlement options for retirement income distribution planning

Split annuity sales idea

Annuities owned by Medicaid applicants/recipients

Expanded discussion of annuities and retirement planning to include retirement income distribution considerations
Compliance:


New suitability requirements for fixed annuities sold to seniors

Compliance considerations in selling variable annuities - Investor Alerts, etc. from NASD
Tax Updates:


Systematic Withdrawals - uses and taxation of

General update of income, gift, and estate tax rates

Updated discussion of Section 1035 exchanges

Expanded discussion of pre-59 1/2 withdrawals and 10% premature penalty tax

Discussion of whether annuity "losses" are deductible

Best prices to buy, sell, or rent ISBN 9780872186187




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