The Annuity Partnership (TAP) Review
The Annuity Partnership, also known as "TAP", is a new annuity non-profit organization idea proposed by annuity guru, Stan The Annuity Man. The article first published in LifeHealthPro and can be found below.
The idea revolves around taxing all annuity policies (the idea is to tax every annuity application by $25), and it would take the funds that arise from the fee and apply them to three specific areas in the annuity and retirement income arena to attempt to "clean up" the annuity space, prevent misleading marketing, and further annuity education:
1) Education
2) Branding
3) Protection
The idea of The Annuity Partnership sounds like it would be a good idea for all parties (consumers, insurance carriers, and annuity agents), but only time will tell. We are certain that there will be many questions that must be answered and make sense before anything like this will ever come to life.
For more annuity information, check out http://www.annuitythinktank.com
And to see the original article by Stan the Annuity Man, check out:
http://www.lifehealthpro.com/2014/01/...