Kansas

Annuity Lawyers.

February 26, 2010

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Did You Know?

Variable annuities are not suitable for meeting short-term goals
Remember: Variable annuities are designed to be long-term investments, to meet retirement and other long-range goals. Variable annuities are not suitable for meeting short-term goals because substantial taxes and insurance company charges may apply if you withdraw your money early. Variable annuities also involve investment risks, just as mutual funds do.

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	Latest news about Annuity cases in Kansas and nationwide: Treasury and IRS Issue Guidance on Source of Income Certain payments received under an annuity contract and amounts withdrawn from the cash value of a life insurance contract give rise to inco... Read more > SEC Brings First Enforcement Action Against Insurance Companies for Permitting Market Timing of Mutual Funds The insurance companies have agreed to settlements that include a total payment of $20 million in disgorgement and penalties as well as undertaking... Read more > More Annuity News >

Annuity Lawyers.com Terms

Today's Terms

Annuity, Reduced

Definition:
A retiree's basic annuity that is reduced because of retirement before a certain age (for reasons other than disability). Annuities are also reduced because of unpaid deposits or redeposits, or to provide a survivor annuity. (Also called reduced benefits.)

Incontestability

Definition:
A statutory provision permitting erroneous enrollments that have continued for at least two years to become valid, if you have paid the applicable premiums during the period of erroneous coverage.

Basic Insurance

Definition:
The coverage, based on your annual rate of basic pay, which you automatically have as an eligible employee unless you waive it.

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Annuity Law Hot Topics

Topics Related to Annuity:

Client Manipulation
Providing False Information
Lying to Auditors
Unauthorized Transactions
Breach of Fiduciary Duty
Broker Embezzlement

Kansas Annuity-Law Attorney

If you live in the following cities and need an Annuity-Law attorney you should contact our Annuity-Law Attorney as soon as possible:

Derby
Dodge City
Emporia
Garden City
Hays
Hutchinson
Junction City
Kansas City
Lawrence
Leavenworth
Lenexa

Liberal
Manhattan
Newton
Olathe
Overland Park
Pittsburg
Prairie Village
Salina
Shawnee
Topeka
Wichita

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