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FINRA Rule 2330 covers the suitability of sales of variable annuities. This rule requires that broker-dealers and their registered representatives ensure that the purchase or exchange of a variable annuity is suitable for the customer based on their investment profile, including factors like financial situation, risk tolerance, and investment objectives. The rule emphasizes the need for thorough disclosure and understanding of the product's features and associated costs.

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3d ago

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Where online can one find the most reliable information about variable annuity ira?

Variable annuities are tax deferred investment accounts similar to mutual funds. Variable annuity IRAs use money in your IRA account to fund the principal for the investment, but keep in mind that IRAs are already tax-deferred. You can find unbiased information on variable annuities and variable annuity IRAs through FINRA. http://www.finra.org/Investors/ProtectYourself/InvestorAlerts/AnnuitiesAndInsurance/p005976


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