Many people purchase rentes according to their agent's recommendations. However, many people make not even cognize what they own. It is a good thought to take stock list of your investments, and particularly your annuity. It is of import to understand what your rente can and cannot make and what have it has. Here are some of the things you definitely must be certain to cognize about your annuity:

1. What interest rates are you currently getting?

2. Are the interest rates getting worse?

3. What is the evaluation of your insurance company? (Critical)

4. What are your resignation charges?

5. Are your principal ever at risk?

6. What retirement & income options makes your rente have? 7. Are your rente Medicaid Friendly?

8. Did you properly designate your donee annuitant and even ownership of your annuity?

9. How safe is your annuity?

10. Are your rente topic to duplicate taxation?

12. What is your minimum guarantee?

13. Are you eligible for a 1035 exchange?

14. What haps in the event of your death? Are your donees entitled to all of the money or are there penalties?

This is a good beginning stock listing list. These inquiries are of import in assuring you are doing what is right for you. As we said before, the best annuity is the 1 that is best for YOU. And by taking stock list of what you own, you can now measure it against your have ends and do certain there is a match.

By the way, this is a good procedure to travel through periodically. As you know, your needs change over time. And as they change, you must do certain your investings are always in line with your goals. If they are, great. If they aren't, well, change your goals---or change your investments! But do certain there is a match.

Hopefully this helps. And remember, it's not what you know; it's what you make with what you know. If this do sense, then draw your rentes out and take inventory. There is no better clip than the present.