Equity-Indexed Annuities: The Smart Consumer's Guide

"Equity-Indexed Annuities: The Smart Consumer's Guide" by Jay Adkisson is a clear, concise, and well-written book on a subject that can too often be confusing, technical, and biased. Mr. Adkisson covers the subject comprehensively, but briefly. He deals with the advantages and drawbacks of this increasing popular type of annuity with balance and objectivity, which is very rare with such books. He obviously has no axe to grind. Mr. Adkisson is an attorney and he brings that kind of analytical thinking to the subject. The book covers some of the most complicated aspects of equity-indexed annuities (including crediting and indexing methods, payout alternatives, suitability, portfolio considerations, and taxation and asset protection implications) with rare clarity. Anyone who is contemplating purchasing an equity-indexed annuity, or any annuity for that matter, should read this book.

I was told by a financial advisor that some annuity contributions are deductible from Taxable Income. This book convinced me thee are no such annuities.

I thought this is very informative for my clients to read when they have questions on all the different annuities being offerd today. I highlighted text for them.

This book is a very balanced explanation and review of the Indexed Annuity landscape. While some criticisms are not applicable to all products this small book does a very credible job of getting all the important issues on the table. I recommend this book to all that would like to learn more about this savings vehicle. Jeff Clark CPA

Excellent book on Fixed Index Annuities.

Great book for the consumer of annuities! Specific and quick to read. I was impressed by just how safe annuities are.

Bought after having read about it in Jay's newsletter. This is a guide that every insurance agent who sells EIAs should read, and every person who is interested in purchasing EIAs should read -- there would be no more improper or unsuitable sales, and those people who could benefit by them can do so without worry.There is no description, discussion or plugging of any particular insurance company or annuity product, but rather the book focuses on when and when not EIAs should be used. This is absolutely not a self-promotional book or one that pumps EIAs in all circumstances. As the author repeats over and over, there are some occasions when EIAs should not be bought because of liquidity concerns or tax issues. Yet, when they can be used, they can be great products for retirement savings and wealth preservation.Unique among annuity books, there is a section on asset protection utilizing annuities in states that protect them by statute, which is of course not surprising considering Jay's background and his first book on asset protection with Chris Riser.Smart insurance agents will give this book to each prospective purchaser of EIAs to read first to avoid any later misunderstandings.

Equity Indexing: The Insurance Industry's Secret Weapon Against Stock-Market Risk This was a great book for determining suitability of Equity Indexed Annuities in general, and also did a good job distinguishing the differences within the asset class.