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{"id":13790,"date":"2014-11-13T13:21:44","date_gmt":"2014-11-13T13:21:44","guid":{"rendered":"http:\/\/www.seonewswire.net\/2014\/11\/va-annuity-scams-bad-brokers-and-targeting-michigan-seniors\/"},"modified":"2014-11-13T13:21:44","modified_gmt":"2014-11-13T13:21:44","slug":"va-annuity-scams-bad-brokers-and-targeting-michigan-seniors","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2014\/11\/va-annuity-scams-bad-brokers-and-targeting-michigan-seniors\/","title":{"rendered":"VA Annuity Scams, Bad Brokers, and Targeting Michigan Seniors"},"content":{"rendered":"

\"michigan-elder-abuse\"<\/a>Ugh…<\/p>\n

One of my pet peeves is when Michigan seniors are targeted with inappropriate investments–typically annuities and annuity scam schemes. \u00a0In other words, financial elder abuse. \u00a0I see it a bunch on the VA benefits side when a family is trying to help a veteran or surviving spouse qualify for the VA Benefit. \u00a0There are a ton of organizations that say they will help the veteran for free, but then sell them a high commission, hard to surrender annuity that makes no sense financial for anyone….other than the insurance broker who gets to pocket the 8-12% commission.<\/p>\n

I had a client come into my office just in the nick of time, where they were going to move almost a million dollars into one of these ill suited annuities for his elderly father. \u00a0The annuity huckster, said that this was the only way dad would get VA benefits and that he\u00a0had to buy the (more…)<\/span><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Ugh… One of my pet peeves is when Michigan seniors are targeted with inappropriate investments–typically annuities and annuity scam schemes. \u00a0In other words, financial elder abuse. \u00a0I see it a bunch on the VA benefits side when a family is…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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