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, by John L. Olsen
Get Free Ebook , by John L. Olsen
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Product details
File Size: 2275 KB
Print Length: 192 pages
Simultaneous Device Usage: Unlimited
Publication Date: June 26, 2017
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B073D8JTYX
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Amazon Best Sellers Rank:
#276,509 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
Mr. Olsen has captured and addressed the non-qualified annuity taxation and suitability matters beautifully in his book. I have been a financial professional for 25 years and have read every academic book (I am aware) concerning both taxation and suitability of annuities of which none have captured the nuances like this book. In my humble opinion this book should be a NAIC (National Association of Insurance Commissioners) stipulated mandatory read for ALL licensed life insurance agents in the United States. Thank you for this great resource! Jeff Carter
must know information
An annuity in its most simple form is just a stream of payments, with the payments usually made for a set period of time or until the owner of the annuities dies. Trouble is, today's annuities are highly complex contracts with many features and moving parts that most annuity agents don't understand, and even many insurance company underwriters do not fully understand. Their myriad intricacies create all sorts of problems that would drive the sober man to drink. Combine this with a tax code and IRS rulngs that require a cryptologist with years of legal education in tax law to even being to understand, and the area becomes all but impossible for all but the most experienced.Fortunately, John Olsen is one of the most experienced experts on annuities, and has spent a lifetime deciphering the nuances of annuity products and determining their tax implications. In this book, John simplifies these complexities in a way that the average advisor can understand and use to correctly guide clients. To say that this book is a "must have" for the annuity advisor rather understates the issue -- this book creates a solid foundation for advisors to understand these products and navigate around the confusion. Many of the book's conclusions are surprising and counterintuitive, but right on point. Well worth the money, at any price.
If you are an advisor, attorney or agent that has ever had a tax question on annuities where you couldn't find the answer, you will have wished you'd had this book. Olsen's thoroughly documented and clear cut tax answers on annuities are the most comprehensive resource on this topic that is available. As a bonus, the book also covers the changing legal and regulatory field of annuity suitability that provides perspective and insight on the issues. Simply put, if you work with annuities your library is incomplete if it is missing this book.
John is one of the smartest people in the country on the technical aspects of annuities. If you are a Financial Advisor, Accountant or attorney, this book is a MUST HAVE for your reference library. I use my copy often and you will too. John is often called upon as an Expert Witness in litigation cases involving annuities. If you ever get a chance to hear him speak, you will see first hand how knowledgeable he is.
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