Likes Likes:  0
Results 1 to 3 of 3

Thread: Allianz

  1. #1

    Default Allianz

    As a member of the national treasury employees union I am entitled to free retirement advice. I met with the adviser yesterday who recommended the annuity offered by Allianz. It it Is called the Allianz 222. It is not a regular annuity, they referred to it as a lifetime income benefit rider. They give a 20% bonus upfront, which you can keep if your money stays in the fund for 10 years. It always has a cash value that you can obtain money from. They will double the amount of the guaranteed monthly benefit if you ever need long-term care.It almost sounds too good to be true. Can anyone tell me what the hazards are here?


  2.  
  3. #2

    Default Re: Allianz

    Just a quick Google search found this An impartial review of the Allianz 222 Annuity

    Seem pretty informative. 7.5% commission, 10% surrender fee for the first 3 years. Better be absolutely sure you will not need the cash.

  4.  
  5. #3

    Default Re: Allianz

    Very interesting. Good find.

    Quote Originally Posted by OhWell View Post
    Just a quick Google search found this An impartial review of the Allianz 222 Annuity

    Seem pretty informative. 7.5% commission, 10% surrender fee for the first 3 years. Better be absolutely sure you will not need the cash.
    Emotions should never play a role in one's investing strategy!
    No to Greed...No to Fear!
    http://share.robinhood.com/mariloc1

  6.  

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P500 (C Fund) (delayed)
Allianz
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Allianz
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Allianz
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
Allianz
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes