Annuities
You can contribute money to this type of annuity, which earns interest at a fixed rate.
What is a "Fixed Annuity"?
This bank option allows for immediate accessibility and ability to make purchases and write checks.
What is a "Checking Account"?
This product allows for full liquidity, customizable risk, and returns based on market performance. Additionally, this product has a manager (for a fee) that oversees the entire portfolio on a fiduciary basis.
What is an "Actively Managed Portfolio"?
This type of life insurance is for coverage for a set period of time such as 10 -15 or 20 years.
What is a "Term Life Insurance Policy"?
This is the risk that your money will be tied up when you need it most.
What is "Liquidity Risk"?
In this type of annuity, the company credits your annuity account with returns based on the performance of an index like the S&P 500.
What is an "Indexed Annuity"?
This bank option allows for full liquidity, and a slightly higher rate of return (for a period of time) compared checking account.
What is a "Savings Account"?
This type of management is known for making decisions actively, attempting to capitalize on market situations, vs. passively with a set it forget approach.
What is "Active Management"?
This type of life insurance is generally permanent, and tends to have a fixed internal growth rate.
What is a "Whole Life Insurance Policy"?
This particular risk is specifically related to the possibility of losing money on an investment.
What is "Investment Risk"?
This rare type of annuity is one of the few that can lose value due to market fluctuation, and is often the one that customers are referring when they say that they fear annuities.
What is a "Variable Annuity"?
This bank option has restricted liquidity for a set period of time, and in general has a higher yield over time than a checking or savings account.
What is a "CD"?
Regarding performance, the goal of all serious money managers is to do this over time.
What is "Beat Their Benchmark"?
This insurance product usually has a single premium, and generally allows for an immediate doubling or tripling of assets specifically for longterm care.
What is a "Longterm Care Policy"?
This risk involves the value of an investment potentially changing after a fluctuation in interest rates.
What is "Interest Rate Risk"?
A fixed annuity is remarkably similar to to this banking product in that it has a fixed rate, a set term, and is insured for up to $250,000.
What is a "Bank CD"?
A bank CD is remarkably similar to what type of annuity, in that it has a fixed rate, a set term, and is insured for up to $250,000.
What is a "Fixed Annuity"?
In general, what equity is the primary driver of risk in an actively managed portfolio?
What are "Stocks"?
This modified endowment contract is specifically used to transfer wealth from one generation to the next.
What is a "Wealth Transfer Policy"?
This risk is the risk that an investment's returns could suffer because of political instability or changes in a country.
What is "Political Risk"?
All insurance policies written in Ohio (including annuities) are covered for up to $250,000 by this association.
What is the "Ohio Life and Health Insurance Guarantee Association"?
This bank coverage is remarkably similar to the Ohio Life and Health Insurance Guarantee Association's coverage of up to $250,000 for all annuities written in the state of Ohio.
What is "FDIC Insurance"?
In general, what investment do money managers utilized to drive income production and help offset equity risk in an actively managed portfolio?
What are "Bonds"?
What multiple of your annual income is generally recommended for life insurance coverage?
What is "10 times your annual income"?
This risk is defined by the possibility of outliving your money.
What is "Longevity Risk"?