Carrier's Financial Strength:
Unlike a bank CD,
annuities are not Federally insured. There may
be some State guarantees against carrier
insolvency, but they would only be a line of
last defense. For this reason, it is important
that annuities be purchased from companies with
excellent financial ratings. Consumers should
determine the financial ratings with a least two
different rating services before purchasing.
Some of the most popular rating services are
A.M. Best Company, Standard and Poors, Duff &
Phelps and Moody's.Additional Information on
Annuities:
Deferred Annuities
Immediate Annuities
Who Should Invest in an
Annuity? -Investor Profile
Tax Deferred Accumulation
Tax Preferred Payouts
Guaranteed vs. Promises
Fees
Carrier's Financial
Strength
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