Annuities For Seniors

Rubio And Nelson Propose `simple’ IRS Form For Seniors
By William E. Gibson, Washington Bureau WASHINGTON – Hoping to make tax filing a little easier for their senior-citizen constituents back in Florida, U.S. Senators Bill Nelson and Marco Rubio introduced the bipartisan “Seniors’ Tax Simplification Act” on Tuesday to try to streamline the process. The bill would make it easier to account for income from Social [] ... Read News

Annuity Class Action Litigation—Trends And Strategies For ...
Indexed annuities to seniors under circumstances in which other investments would have been more appropriate. The plaintiff asserted that defendants violated RICO, California’s “elder abuse” statute, and California’s consumer protection law. ... Document Viewer

Life Products - Insurance Industry - Resources For Insurance ...
Life Insurance and Annuities; Life Products. Seniors Benefit from Critical Illness Coverage. Women are Not Buying Enough Life Insurance. Article on Women and Life Insurance Sales. Apply now to guide this site. Discuss in our forum. Explore Insurance. ... Read Article

National Academy Of Elder Law Attorneys (NAELA) Celebrates 15th Annual National Consumer Protection Week
Attorneys educate elderly and individuals with special needs on fraud and other forms of financial abuse.Washington, DC (PRWEB) March 04, 2013 The National Academy of Elder Law Attorneys (NAELA) proudly joins government agencies, advocacy organizations, and private sector groups nationwide to celebrate National Consumer Protection Week (NCPW), March 3-9, 2013. For the past 15 years, a broad ... Read News

Senior Protection In Annuity Transactions Regulation
To provide insurance products, including annuities. "Insurance producer" means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities. "Recommendation" ... Fetch Doc

Broker-Dealer Supervision Of Variable Annuity Sales
Sale of Variable Annuities to Seniors A. Overview of Regulatory Concerns ... View Full Source

SOA 2012 Life & Annuity Symposium May 21-22, 2012 Moderator ...
Upscale Seniors • Annuities • Investments • Estate Planning • Wealth Transfer • Medicaid trusts • Ably served by traditional career agency system, independent brokers and financial planners All Companies Serving the Senior ... Read Document

News Release: State Orders Bankers Life To Change annuity ...
Seniors who were sold annuities that took most or all their money, leaving them unable to pay other expenses. The department’s order requires Bankers to review additional annuity sales, offer refunds to those for whom the ... Read Document

Ethics - The American College
Sales to Seniors Most concern centers around potentially unsuitable sales of variable annuities to seniors. In one of its alerts an example: “Sell Annuities to Seniors Who Don’t Have Money! Most Have Equity in their Homes. Help Your ... Access Full Source

ALI-ABA Conference On Life Insurance Company Products ...
When are annuities suitable investments for seniors ? Congress has a perspective; so do federal and state regulators. Plaintiffs lawyers have a perspective, as well as the media. Insurance companies and broker-dealers have a perspective. And ... Access Document

HOUSE OF REPRESENTATIVES STAFF ANALYSIS BILL #: HB 965 W/CS ...
Continues to grow, many will consider investing in annuities. Unsuitable sales to seniors may be curbed, possibly avoiding costly financial decision making by this vulnerable population. STORAGE NAME: h0965b.ps.doc PAGE: 4 ... Retrieve Document

Free Tax Help Offered To Qualifying Seniors
Alliance on Aging is providing free tax preparation for seniors on a first come, first served basis from 8:15 a.m. to 1 p.m. Wednesdays and Thursdays at the Oldemeyer Center, 986 Hilby Ave., Seaside. ... Read News

THE GROWING PROBLEM OF ELDER FINANCIAL ABUSE: HOW TO ...
Trusts and annuities to seniors by exaggerating both the disadvantages of the seniors’ current investments and the advantages of annuities. According to the Complaint, AIG knew or should have known that annuities are inappropriate investments for most individuals over age 65, the ... Read Here

524 West 57 Street - Breaking News Headlines: Business ...
For seniors’ tips on purchasing annuities and other information about this product and how it works, visit www.acli.com. Sincerely, Frank Keating David Woods President & Chief Executive Officer Chief ... Fetch Full Source

$SULO
Take advantage of seniors. II. FIXED, DEFERRED ANNUITIES WHAT ARE THEY? In a fixed, deferred annuity, a purchaser deposits premiums and receives a rate of return, the realization of which is deferred until the term of the annuity. ... Access Full Source

Department Of Insurance PRESS RELEASE Office Of The Director
To Annuities for Seniors”. The majority of ADOI annuity related complaints allege either that the selling agent mishandled or misrepresented the annuity product sold, or that the annuity was unsuitable for the applicant’s needs. ... Fetch This Document

Deceptive Sales Practices The Titles Of Our Articles About ...
Annuities to Seniors; The Minnesota Commissioner, American Investors Life, AmerUs Life, and the Selling of Unsuitable Annuities to Seniors..10 _____ December 2007..The Minnesota/Allianz Settlement about Sales of ... Access Doc

TITLE 365. INSURANCE DEPARTMENT CHAPTER 25. LICENSURE OF ...
Registered variable annuities or other registered products; (2) Immediate and deferred annuities. Immediate and deferred annuities that contain no nonguaranteed elements; (3) Annuities used to fund plans or arrangments (A) Annuities used to fund: ... Retrieve Here

CLASS ACTION ANNUITY LITIGATION N1
10509.8 Replacements of annuities to seniors Producer or insurer 65 years of age and older CO Ins. Reg. 4-1-3 Variable life Insurers and producers (8/06) insurance Ins ... Return Document

Obama And Annuities . . . The News Might Be Better Than You Think
• Seniors earning less than $50,000 would not pay income tax annuities so they can reduce their income below the $50,000 threshold. This way they could avoid paying income taxes until they have to take withdrawals on their annuities. ... Access This Document

Variable annuities And Sales Practices -- Lessons For Compliance
As more seniors invest in annuity products, member firms need to be more vigilant as to how these products are being sold by its representatives. Variable annuities and sales practices -- lessons for compliance Aug 12 2010 Martin Orbach Page 1 of 3 ... View Doc