Last August, we wrote a blog on the Security Benefit TVA product as it was becoming one of the more popular products on the market. You can read that blog here.  First off, I want to compliment SBL as this product has become one of the biggest sellers in the marketplace.  Between the SIA and [...]

Karen DeMasters at Financial Advisor Magazine informs us that Advisors in Florida may see more difficult changes in their future in regards to Annuities.           Florida already has some of the strictest suitability standards in the nation for annuity sales to senior citizens. Now the Florida Legislature is considering a bill [...]

Government-sponsored Plans: The largest government-sponsored retirement plan is the Social Security plan .   Personal Plans: The most popular example is the Individual Retirement Agreement or IRA, which can come in different types according to their tax treatment .   Annuities: These are contracts established with an insurance company; there are fixed and variable annuities [...]

Recently, one of our readers was listening to the radio and was disturbed by the misrepresentations made by a show.  The subject being discussed was fixed indexed annuities.  Our reader actually reached out to the show for more clarity and received a response.   [He] was talking about a Fixed Indexed Annuity. They are insurance [...]

From Fame to Shame in 5 years!  What a sad and scary statistic for America’s professional athletes.  As you will see below, this issue stems throughout all professional sports and lists the biggest pitfalls as overspending, small window of big earnings, not understanding finances (or how to actually save money), poor investment choices, and entrusting [...]

You’ve been saving for retirement in a traditional IRA.  Does it make sense to convert to a ROTH?  The answer is it depends on several factors.  What amount will you be paying in taxes, based on your age – will converting save you, or cost you money, and how much should you convert?  Just because [...]

By Business Insider   it turns out one in four workers resorts to taking out 401(k) loans each year, according to a new report by HelloWallet — to the tune of $70 billion, nationally. To put that in perspective, consider how much workers contribute to retirement plans on average: $175 billion per year. That means [...]

Annuity sales declined 8% in 2012 according to Limra.  Total annuity sales were $52.6 billion in the fourth quarter and $219.4 billion for 2012.  Although it does look like this is a downward trend, there are a few reasons why the annuity market will rebound.  Income annuities hit a record high in 2012, eclipsing the [...]

I read an alarming story this week from Bankrate’s 2013 February Financial Security Index.  It found that only 55% of Americans have more savings than they do credit card debt.  Keep in mind, this is ONLY talking about credit card debt.  It does NOT include student loans, car loans, rent, cell phones, mortgage, or any [...]

Eoin Keenan at Business 2 Community explains 10 rules when executing online marketing for your Insurance Practice.  This should be the backbone of your digital marketing.  Use these skills, and you will see effective results in not only generating new leads organically, but also new referrals and new business from your existing book of business.    [...]