MLI USA VARIABLE ANNUITY SERIES XC PROSPECTUS
It seems to make sense. Let’s say an item in a deal is very important to me, and is what convinced me to make the deal–the dealmaker, if you will. Thus if at year 12 my account was at it’s highest point and then had several years of declines I would still have an annuitized value equal to the the highest value of the account. Hire a solid CFP to review your options. Several years ago, I was hit on by an “investment advisor” son of a family friend to buy a VA with a guaranteed growth rate as the center piece of the sales pitch. TTRoberts, Mar 2, Can’t restore bad Xceed. I know it may be awkward and difficult to tell him no.
I congratulate you on doing due diligence, which the sales guy hopes you won’t do. Several years ago, I was hit on by an “investment advisor” son of a family friend to buy a VA with a guaranteed growth rate as the center piece of the sales pitch. I was reading the information at http: MetLife’s Series XC annuity Can’t restore bad Xceed. It’s a great tool for avoiding legitimate misunderstandings. Basically, my husband agreed to this whole guaranteed annuity thing, and his financial adviser told us that he would send all documents later on.
TTRoberts, Mar 2, Let’s say I can’t find stated plainly anywhere in the paperwork. Remember that brokers are only allowed to sell you what their company lets them sell, and that the company only allows them to sell things that make the company a lot of money.
Guaranteed MetLife Variable Annuity – 6% – K -Please Help –
Besides, there are so many additional feathers, and all of them cost you something early surrender, death benefit, GMIB, etc You pay for every little thing. No matter how simple or complex, you can ask it here. I just blew the whistle annuity said “You lied to me and took my money.
Milevsky even provides a handy dandy Calculator [the first one] A couple questions to ask: I know it may be awkward annuigy difficult to tell him no. You’ll need to choose a username for the site, which only take a couple of moments here.
Actually, when I asked how much that annuity would cost I meant yearly expensesthe guy replied “nothing”. You might want to consider finding a true advisor, one that is a fiduciary, or watching out for your best interests.
Also, take careful consideration about the period you’d be committing yourself to and what you’re alternatives might be if you have to or want to make changes before the end of that commitment period. Smith Barney – run away! I spent the weekend wading through the prospectus, and could never find the answer to your question 2: And I lost count of the number of different fees that were involved somewhere around six or seven.
I thought that he would discuss all different options, write a brief summary, outline all expenses, confirm guaranteed annual growth everything on paper! Several years ago, I was hit on by an “investment advisor” son of a family friend to buy a VA with a guaranteed growth rate as the center piece of the sales pitch. I congratulate you on doing due diligence, which the sales guy hopes you won’t do. You will sleep well….
Series XC offered by MetLife
Now, personally, yeah, I’d stay away from the annuity. There was an earlier thread discussing MetLife VA, loaded with fees. Do variaboe even have to tell him anything? In addition, a fee-only advisor, or one that charges a flat dollar amount for a visit or a contracted amount would probably benefit you somewhat in the future with your situation.
MetLife’s Series XC annuity…
IF you have the type of friends that enjoy debate and discussion, rather than let this sales guy continue milking people, you should send the thread’s link to your friends Ds and MBAs a week just to understand, let alone compare with any other product.
I would personally make a more formal agreement to put him on the spot Only YOU can decide wither or not the costs are worth it for you. Perhaps no reply will be the best strategy, as you will not have to explain to him, challenge him, or in any other way waste time learning what you already know. They know exactly what they are doing.
See a conflict of interest there. Hire a solid CFP to review your options. Guest, Mar 2, Last edited by aznightshade on Tue Jul 28, 1: I like it when things pass the sleep test.
No guarantees are made as to the accuracy of the information on this site or the appropriateness of any advice to your particular situation. When I emailed regarding this discrepancy, the guy replied with the following statement: