Prospectus

5 Reasons to Question the Recent Indexed Annuity Article in Bloomberg

An article on indexed annuities appeared in Bloomberg yesterday (click here to read).

The article is substantive and comes from a credible source. It is provides a good explanation of why surrender fees need to be a front-and-center consideration for any consumer considering the purchase of an...

Glossary:

Key Phrases Autotag:

Read more about 5 Reasons to Question the Recent Indexed Annuity Article in Bloomberg
tom's blog
Log in to post comments

Would it be advisable to switch from my annuity to another type of investment?

It's difficult to provide an in depth response without having some more detail on the type of

Glossary:

Companies:

Key Phrases:

FAQ Topics:

Annuities Information

Read more about Would it be advisable to switch from my annuity to another type of investment?
Log in to post comments

Key Phrases:

Glossary:

Key Phrases:

FAQ Topics:

Annuities Information

Companies:

Jefferson National

Single Premium Affinity Variable Annuity

Annuity Product Types:

Key Phrases:

Glossary:

Company Offering:

Web Site:

http://www.kclife.com/Prospectus/pdfs/AffinityVA-SinglePremium/Brochure.pdf

Surrender Fees:

Variable Annuity Fields

Minimum Premium Payment:

10000

Maximum Age at Start of Contract:

80 years

Minimum Total Fees and Expenses:

Maximum Total Fees and Expenses:

Minimum Mortality and Expense Risk Charge “M&E Fee”:

Maximum Mortality and Expense Risk Charge “M&E Fee”:

Administrative and Contract Maintenance Expense:

Administrative Fee:

$30

Minimum Investment Management Fee:

Maximum Investment Management Fee:

Ability to Select Asset Allocation:

Yes

Total Number of Investment Options:

Maximum Number of Concurrent Investment Options:

Minimum Fixed Account Rate Guarantee:

Free Withdrawals:

Yes

Free Withdrawal Limit:

Waiver of Withdrawal Charges:

Available

Guaranteed Death Benefit:

Available

Are Loans Allowed:

Yes

Are Telephone Transactions Allowed:

Yes

Commissions (Maximum):

Read more about Single Premium Affinity Variable Annuity

Key Phrases:

Glossary:

Annuity

Variable Annuity

Key Phrases:

Prospectus

Annuity Product Types:

Variable Annuity

SEC Seeking Simpler Annuity Prospectus

The Securities and Exchange Commission (SEC) is interested in reducing the complexity associated with annuity information. The SEC would like to try and develop user-friendly prospectuses that allow for greater transparency of product features and fees as well as an enhanced ability to compare like product types.

Glossary:

Key Phrases: