Annuities Blog

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Ever Wonder what an In-Force™ Fixed Term Annuity Really Is and Why You Should Have One?

Maybe you have heard of In-Force™ Fixed Term Annuities…and maybe you haven’t.  Either way, I want to give you some information that will help you to understand what they really are and how one can benefit you. When you purchase an In-Force™ Fixed Term Annuity, you, the Buyer, receive the rights to fixed annuity payments in exchange for a lump sum payment to an individual who is the original Existing Annuitant. By purchasing an Individual’s right to receive payments, you receive high yield returns while the Existing Annuitant enjoys the benefits of having cash now. This is a win win ...
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Do You Understand This Important Retirement Tool?

Most people have heard of fixed annuities at some point in their adult lives but don’t really understand their importance as a retirement tool. Today I am sharing with you a bit about how they can help you reach your retirement income goals faster and provide you with an income in retirement. Tax deferred annuities, or savings annuities, serve people both before and during retirement, and they have a big advantage.  These annuities allow you to save money on a tax deferred basis and you will also earn interest on your money and gains that won’t be taxable until you ...
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Are Annuities Important?

Do you ever wonder if you should have annuities?  Maybe you have heard of them or know a little about them but really aren’t sure if they are important to your financial planning. Annuities are a savings tool that can help you create a nest egg for retirement, make substantial investments that will grow over time, and get tax benefits. Annuities are essentially contracts that people can enter into with insurance companies that assure capital gains in return for payment of premium. Did you know that annuities have been around through history?  They can be traced back to the Roman ...
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What Are Secondary Market Annuities?

Heard of Secondary Market Annuities? These are actually previously owned Annuities.  They are totally legal and are a way to get high rates of return without gambling away your money. Simply put what this means is if somebody has an accident and receives a favorable judgment their payment is usually given to them in the form of an annuity.  They are paid a certain amount of money over a defined period of time. What people don’t often realize is that these annuities can be bought and sold. This has been a strategy that corporate investors have been aware of for ...
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Ready to Buy an In-Force™ Fixed Term Annuity?

Have you made the decision that an In-Force™ Fixed Term Annuity is the right move for you?  Ready to get started but just aren’t sure how to do it?  Today, you will learn what is involved in becoming a buyer, how to pay for your In-Force™ Fixed Term Annuity and how it all works with the nitty-gritty details. To become a Buyer, you must: Execute a Receivable Purchase Agreement (RPA).  The RPA sets out the terms of the relationship between you, the Buyer, and Bulbrook/Drislane and the transaction process. Provide the information in the Customer Identification Program. Fund and close ...
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How Does Purchasing an In-Force™ Fixed Term Annuity Work?

Are you interested in purchasing an In-Force™ Fixed Term Annuity but are not really sure what that entails? What we do at Bulbrook/Drislane is buy a Fixed Term Annuity from an Existing Annuitant and transfer the payment rights to you, the Buyer, through a court transfer process.  Your name, IRA name, intermediate transferor or nominee, or payment assignment trust name will be stated in the transfer court order, which is generally obtained in the state where the Existing Annuitant resides. Next, the court directs the insurance company that issued the Fixed Term Annuity to pay to the designated payee all ...
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Are You Familiar with What an In-Force™ Fixed Term Annuity Is?

Ever wonder about the details behind an In-Force™ Fixed Term Annuity?  Things like what exactly is it, where it comes from, and how safe it is? When you purchase an In-Force™ Fixed Term Annuity, you, the Buyer, receive the rights to fixed annuity payments in exchange for a lump sum payment to an individual who is the original Existing Annuitant.  What this means is that when you purchase an individual’s right to receive payments, you receive high yield returns while the Existing Annuitant enjoys the benefits of having cash now. In-Force™ Fixed Term Annuities can potentially provide above average returns ...
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Are You Familiar With Annuities?

You’ve probably heard of annuities but maybe you’re wondering what it really is.  The answer is any continuing payment with a fixed total annual amount. The contract is created when an individual pays a life insurance company a single premium that will end up being distributed back to them over time. There are 2 possible phases for an annuity.  In one, the customer deposits and accumulates money into an account, and in the other customers receive payment for a set period of time. Annuities usually offer tax deferred income growth and may include a death benefit for your beneficiary so ...
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Have You Heard of Deferred, Fixed and Variable Annuities?

Deferred annuities came into play in the 1970’s.  This is a way for accumulating savings with a view to eventually distributing them either as an immediate annuity or a lump sum payment. There are two types of deferred annuities.  A fixed deferred annuity grows by interest rate earnings alone.  A variable annuity permits allocations to stock or bond funds and for which the account value is not guaranteed to stay above the initial amount invested. Fixed indexed annuities came about in 1995 and have features of both fixed and variable deferred annuities.  The insurance company typically guarantees a minimum return ...
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Did You Know This?

Most historians claim that the Romans introduced the world to annuities.  Didn’t think they had been around that long did you! After doing a little research here are 6 dates that you may be interested in knowing more about. 1759: This is the year annuities were introduced to America.  At that time they were only offered to church pastors in Pennsylvania. 1812: This is the first time annuities were offered to the public by the Pennsylvania Company for the Granting of Annuities. 1905: Andrew Carnegie founded the Teachers Pension Fund.  This later became the Teacher’s Insurance Annuity Association (TIAA-CREF) in the ...
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