Saving You Money For Life

MVAs (Market Value Adjustments) are clearly one of the most misunderstood and overlooked element of most annuities offered today.

Unfortunately, the public has little chance of ever getting a good explanation, because the insurance companies, generally, do a lousy job of disclosing what MVAs are and exactly how they work. Further, they do little to train their agents, who in turn (since they themselves don’t understand MVAs) do an abysmal job of disclosure to their clients and prospects.

So, what are MVAs? Why is it important to understand them, and how do they affect the surrender value of most of today’s deferred annuities?

More after the jump…

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