logo_rise_v1.png

ENHANCE YOUR ANNUITY VALUE BY UP TO

35

%

WE PROVIDE OPTIONS THAT CAN HELP YOU FROM THE DISASTERS OF YOUR VARIABLE ANNUITY!

Why do we consider some variable annuities "DISASTERS?" I only need to give you the 
Annuities are used for a few main purposes, Guaranteed Income and Growth, and even some would say "safety".
Below are the 2 main disasters that owners of variable annuities don't know, or understand about the finely printed details of their variable annuity;
1.
2.
ANNUITIZATION - DISASTER #1

Most owners of variable annuities have purchased these contracts from their series 6 or 7 licensed Financial Professionals as an option to accumulate assets and take "future income".  My issue with the comment above is the client hears the words "lifetime income" and thinks it sounds attractive, and it is, except... almost 95% of variable annuities require the owner to "annuitize" the contract in order to receive that lifetime income.
What does annuitize mean? It means, Company A will provide you income on your assets for your lifetime, and even the lifetime of your spouse if married, but in order for that to be executed, an annuitization means that you agree to forgo the cash value of your annuity in order to receive lifetime income. Your cash value literally goes to $0, nada, nothing... it is literally a trade-off and you lose control of your assets.


FEES AND CHARGES - DISASTER #2

Variable annuities have always been know for the high fees and charges associated with owning them. Fees generally run between 1.50%-5%+. Below is a sample of the fees from the last variable annuity I audited from Equitable, the Accumulator Elite:
Variable Annuity Balance $723,754
1.10% -
0.30% -
0.25% -
1.60% -
.92% -


TOTAL

That's 
Mortality & Expense Fees
Administration Fees
Distribution Charges
Rider Fees
Average Sub-Account Fees


FEES 4.17%

$30,181 annually!!

 
TOP 2 REASONS:
If the above annuity that I audited earned 6% over the next 10 years, the client would pay a total of $335,826 over that time period. The amount of fees is directly related to the success of your financial plan.

HOW CAN WE HELP YOU UNDERSTAND THE FEES YOU ARE PAYING AND HOW YOUR BENEFITS WORK?

We start helping by auditing your variable annuity through the insurance company directly. After we have the data and your most recent annuity statement, Rise Financial Group feeds this data to Morningstar. Most people are familiar with Morningstar as they provide "star ratings" on stocks and mutual funds. Annuity summaries is another service they offer and the people I provide this report to are literally stunned when they get it back!Call out office today for your No-Cost, No-Obligation Custom Annuity Review today!  (480) 878-7444 

We have solutions that can remove the risk of the market from your current Variable Annuity and provide growth, some options have zero fees or charges. It's amazing how much more easy to understand how an account can grow without being strangled by high fees. 

Disclosure: All written content on this site is for information purposes only. Opinions expressed herein are solely those of Rise Financial Group and our editorial staff. Material presented is believed to be from reliable sources; however, we make no representations as to its accuracy or completeness. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Insurance and Advisory services are offered by Rise Financial Group a Registered Investment Advisor in the States of Arizona, Minnesota, North Dakota, or where otherwise legally permitted.  The presence of this web site shall in no way be construed or interpreted as a solicitation to sell or offer to sell investment advisory services to any residents of any State other than the States of Arizona, Minnesota, North Dakota, or where otherwise legally permitted.  Content should not be viewed as an offer to buy or sell any of the securities mentioned or as legal or tax advice. Rise Financial Group does  not offer tax planning or legal services, but may provide references to accounting, tax services or legal providers.  You should always consult an attorney or tax professional regarding your specific legal or tax situation. Rise Financial Group is not engaged in the practice of law.  Hyperlinks on this website are provided as a convenience. We cannot be held responsible for information, services or products found on websites linked to ours.   Images and photographs are included for the sole purpose of visually enhancing the website. None of them are photographs of current or former clients. They should not be construed as an endorsement or testimonial from any of the persons in the photograph.

Neither Daniel Anderson nor Rise Financial Group are associated with, endorsed or employed by the Social Security Administration or any Government agency.