Essentials of Annuities ON DEMAND
Available Until
Your Desk
1.0 Credits
Member Price $29.00
Non-Member Price $33.00
Overview
Annuities have a number of unique features that can make them an attractive investment option for many individuals. In this course, we cover the various types of annuities and their characteristics, as well as the financial circumstances under which they make sense. The course also addresses a number of problems with annuities and covers several best practices that can be applied to enhance your returns from them. The course also covers several related topics, including the tax impact of annuities, insurance company ratings, and the risks covered by annuities. The intent of the course is to give you a solid grounding in the fundamentals of annuities.
Highlights
Risks covered by annuities. The main annuity products. Annuities involving lifetime income. Annuity fees. The money’s worth ratio.
Prerequisites
None.
Designed For
CPAs, CFOs, and other financial advisers.
Objectives
Recognize the risks that can be mitigated with an annuity contract. Recall the benefits of purchasing the different types of annuity contracts. Recognize the characteristics of the various types of annuity contracts. Specify the parties to an annuity contract. Recall the applicable tax rules for the different types of annuity contracts.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $33.00
Member Price $29.00