Single Premium Immediate Annuities (SPIA)
Single Premium Immediate Annuities (SPIA) Forums Topics
  • Can I Gift my Parents an Annuity?
    Sorry but I don't know much about annuities. Mom is 58 and dad is 61 so they have some working years left. Annuities sound like a nice compliment to their retirement plans so I was just wondering if I could gift them one. I was thinking 30 to 50 thousand dollars. Umm, what would that get them in guaranteed lifetime income? Is it even enough to purchase an annuity or does it need to be a higher......
  • KSKJ Pays on Contested Policy
    I had a client lapse on her previous policies last yr with RNA & SNL for her & her bi polar son....so I was able to get her KSKJ for both much cheaper for her son in Mar/Apr of last yr. Unfortunately, son passed around June/July (he was a previous drug user years ago), so I informed client of the procedure & how they may decide not to pay if her son lied. Welp, 6-7 mos later, KSKJ is paying......
  • Genworth Ratings and Stocks Going Down
    Hello, Please give me your opinion regarding Genworth. I have a client with a whole life policy that has quite a bit of equity. He is concerned that Genworth's ratings have gone down recently and their stock is plummeting. He's wondering if he should take out all of his cash value. This is an 88 year old man and he is very concerned that Genworth is going to go bankrupt. What is the......