047: Annuity News: Vanguard Annuities Now with Transamerica

In this episode, The Annuity Man discusses:  The original purpose of a variable annuity.  The mess that has been caused by Transamerica now taking over these Vanguard annuities.  Being careful about companies offering upfront bonuses on annuities.   Holding on and not making rash decisions.    Key Takeaways:  Transamerica is the company that is now servicing all of the annuities that were purchased at Vanguard.  Annuity companies are more regulated than banks.  Don't make rash decisions because you are having a hard time currently getting a hold of your annuity company during a transition period.  The agents at Transamerica are on your side and want to help just be patient.    "Anytime you transfer from one annuity to another, during the application process, you have to prove, contractually, that it's a better deal for you to go from one to the other." —  Stan The Annuity Man     Connect with The Annuity Man:  Website: TheAnnuityMan.com  Email: [email protected]  Book: Owner's Manuals  YouTube: Stan The Annuity Man  Get a Quote Today!