Variable Annuities - SIE Exam, Series 6 Exam, Series 7 Exam, Series 65 Exam, and Series 66 Exam Prep

Must watch next Series 7 Exam Prep Mutual Funds, REIT...
Time stamps:
00:00 Intro
1:17 Fixed annuities
3:12 Variable annuities
3:26 Separate or sub account is a mutual fund.  Investment risk is assumed by the annuitant
4:10 Registrations to sell securities (Series 6 or Series 7) and insurance required to sell variable annuities
5:10 Comparison and contrast of a fixed annuity versus a variable annuity
6:00 Series 65/66 Equity Index Annuity
7:27 Tax Deferred Annuity versus a Tax Sheltered Annuity
8:00 Cost basis in a non-qualified variable annuity
10:07 Tax deferred growth
10:20 Eligibility of employees of 403b educational institutions and 501c charitable organizations
11:25 Pretax funding. No or zero cost basis
12:35 Funding a variable annuity
14:01 High expense structure
14:42 Life only results in largest monthly payment
15:08 Sperate account is a mutual fund
16:00 Pay out phase
16:52 Assumed Interest Rate (AIR)
17:06 Performance versus the AIR and how it effects monthy check
21:00 Taxation of distributions
22:46 Lump sum
23:20 LIFO
24:37 Exclusion ratio
25:41 Suitability