Beware of false or misleading advertising in annuity ads, social media or in emails. Ask questions!

Beware of false or misleading advertising in annuity ads, social media or in emails.

Here is a problem I had to solve for a client who was subject to a misleading and false solicitation ad.

Same product I showed them, only I was honest on how it work and the true interest rate and how it worked.

How a 5.60% APY was presented as a 6.25% and caused me a bunch of extra work. Why couldn't this agent compete on the same level as all the rest of us is the question. The agent has to use tricks to compete. That is not ethical at all.

If it sound to good to be true and much better than all other options it probably has a catch or is not true.

Ask questions, ask around. Call the company, call other agents.

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