Which is Better, a Bank Cd Or an guarnatee company Cd? Use This Quiz to Get Tons of Annuity Sales
Which is Better, a Bank Cd Or an guarnatee company Cd? Use This Quiz to Get Tons of Annuity Sales
The retort is it all depends. It depends of the purpose of the money and what the anticipation wants to accomplish. A fixed deferred annuity can be a sensible alternative to a bank certificate of deposit (Cd). Ask your anticipation the following questions to conclude if a fixed deferred annuity might good meet their long term savings goals.
If their answers indicate that a long term horizon for their savings currently held in a Cd then the annuity alternative might make sense? This would be a great time to observe the advantages and disadvantages of a fixed deferred annuity vs. A bank Cd with your prospect..
Annuities are long term seclusion products and may not be accepted for everyone, the best way to conclude if they do make sense if to make yourself fully aware of your prospects goals and needs.
Would a fixed rate annuity be good than a Cd for my long term goals?
Questions for Your Prospect
* Do you currently own a bank certificate of deposit? Yes or No
* Are any of these Cds maturing in the next 90 days? Yes or No
* Are you planning to use any of these funds in the next
5 years? Yes or No
* Do you have adequate liquid assets should an unexpected
family or medical accident arise in the next 5 years? Yes or No
* Have you inquired at your local bank about current interest rates? Yes or No
* Has the bank notified you about new renovation rates? Yes or No
* Could deferring taxes on the interest earned be a tax savings? Yes or No
* Would you think an alternate fixed interest product
if it made sense to you? Yes or No
Which is Better, a Bank Cd Or an guarnatee company Cd? Use This Quiz to Get Tons of Annuity Sales
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