Were you invited to a free lunch seminar then bamboozled into investing large sums of money in equity indexed annuities? Unfortunately this is a common occurrence especially among trusting senior investors. The problem is -- annuities are not the best investment tools for you.
Unethical sales people and annuity brokers receive hefty commissions when they sell annuity products. These same people who claim to have your best interests in mind are only interested in the promise of big sales commissions that continue to reap benefits for the seller.
Often times, the brokerage firm dangles this carrot in front of the brokers and agents further enticing them to entice you to invest in annuities whether or not they are suitable for your lifestyle, for your age, for your immediate financial goals.
For seniors who will most likely need income sooner vs. later, annuities are bad investment choices. As a consumer – you may not know this -- but the annuities broker or agent sure did.
What can you do about bad annuity investments?
You are not alone. Thousands of trusting seniors have been victimized by the false promises of bad EIA investments. You may be eligible for an annuity lawsuit or annuities arbitration. Please contact us so we may legally evaluate your situation. Thank you.
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