What Should You Look For in an Annuity Contract?
Retire For Less With The Annuity Expert by Shawn Plummer
Episode notes
Are you about to sign an annuity contract, or are you currently in your 30-day "Free Look" period? Stop and read the fine print before your money gets permanently locked away! 🛑💸
In this video, Shawn Plummer from The Annuity Expert breaks down exactly what you must look for in an annuity contract to ensure you aren't getting scammed by hidden "gotchas." Shawn reveals the five most critical provisions you must locate immediately: the liquidity rules (can you actually access your money?), the death benefit (what happens to your kids if you get hit by a bus?), the vesting schedule on any premium bonuses, the exact cost of your rider fees, and the health-related penalty waivers!
Shawn also shares a massive insider secret: you MUST demand a "Calculation Page" from your broker! This document proves exactly what your lifetime income payout ...