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You can sell fixed annuities if you have a life insurance license.
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∙ 15y ago
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Can you sell annuities with a life insurance license?
Depending on your license you may be able to sell fixed annuities. Variable annuities require Series-7 license however
Can you sell equities with a series 6 license?
No, only mutual funds and fixed annuities.
How often do fixed annuities pay?
Fixed annuities pay every year.
how can I find out about fixed annuities?
Most insurance companies sell annuities which are usually associated with them. Fidelity.com is one site where you can learn about annuities. While these are safe investments they aren't really considered high yielding.
What are the types of annuities offered by Nationwide?
Nationwide offers the following annuities: Variable annuities, immediate annuities, fixed annuities and fixed indexed. For more information one should contact Nationwide.
Do you need a series 6 or series 7 to sell fixed annuities?
no, just a life insurance license
What are three types of insurance annuities?
Three types of Insurance Annuities are variable annuities, fixed annuities and indexed annuities.
What are fixed annuities and how do they work?
Fixed annuities are like CD's but are geared toward retirement savings.
What is a series 6 license used for?
The series 6 license allows the holder to sell mutual funds and fixed annuities.
What are some companies that help pay for fixed annuities?
Companies such as Prudential, Met Life, Fidelity, and Merrill Edge all pay fixed annuities. Fixed annuities are typically utilized by those who are retired or are about to retire.
Do I have to pay annual taxes on my fixed annuities?
No, fixed annuities are generally tax-deferred. You will pay taxes on it when you remove the money from the annuity. Fixed annuities are not taxed so no you would not have to. You can find out more facts about how they work by visiting www.moneymanagment.info.
How much does an annuity cost?
There are different types of annuities. Variable annuities cost much more and I wouldn't recommend one. Now with Fixed Indexed Annuities you can have the potential of the upside of the market without any of the loss. Fixed and Fixed Indexed annuities typically do not cost a cent unless you have added a (rider) to the product that has a small annual cost.
