Study for the Series 6 Exam

Taking the Series 6 Exam in the near future? Yes? Then be prepared for questions about annuities, not only fixed and variable annuities, but also indexed annuities, including Equity Indexed Annuities (EIA) and Registered Index-Linked Annuities (RILA). How do I know that the Series 6 Exam includes questions on Indexed Annuities? I know this because FINRA publishes  a Content Outline for the Series 6  that includes Section 3.2 that lists characteristics and types of annuities.  Bob Eder in his Study for the Series 6 Exam treats Indexed Annuities with specificity and detail. Here is an example of Bob Eder's treatment: Equity Index Annuities (EIA)                                                                               3.2 An equity-indexed annuity is a variation of a fixed annuity. An insurance company guarantees an annuitant a certain low rate of interest or return, between one and three percent. Additionally, it ties this rate to a stock market index, such as the S&P 500.

If you plan on sitting for the Series 6 Exam, be prepared for test questions that ask about the various Share Classes for Mutual Funds. FINRA publishes a Content Outline for the Series 6 Exam, and it specifically lists knowledge of Share Classes in Sections 3.2 and 3.3. Bob Eder in his  Study for the Series 6 Exam  discusses Share Classes of Mutual Funds in detail. Here is an example of Bob Eder's treatment: "Share Classes                                                                                          (3.2) Many mutual fund families (i.e., sponsored by the same organization) may have several different classes of shares, all invested in the same portfolio. Often, it is difficult for a client to come to a decision about which share class to purchase. Why? Because the different share classes have different sales charges and different annual expenses. "Class A Shares "Front End Load "These shares carry a front-end load. An investor pays sales char