SERIES 6 EXAM CONTAINS QUESTIONS ON ANNUITIES. BE PREPARED!

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 stocks go up, the insurance company may pay a higher rate as explained and set forth in the annuity contract. Thus there is a minimum rate of interest with EIAs that the owner of an EIA will receive.

Here is the link to FINRA's Content Outline for the Series 6 Exam. 

See the references to Variable Life Insurance and Annuity Contracts in FINRA's Series 6 Content Outline, Section 3.2 and 3.3.

Study for the Series 6 Exam is available from Amazon in both paperback and Kindle e-book versions. Here is the link to Bob Eder's Study for the Series 6 Exam on Amazon.

See Bob Eder's Author Page on Amazon.com.

For questions about Bob Eder's Study for the Series 6 Exam, or questions in general about the Series 6 Exam, or about Characteristics and Types of Annuities, feel free to email Bob Eder at bobeder@bobeder.net.

Bob Eder received his Juris Doctor (J.D.) degree from the University of Utah, Quinney College of Law, in 2001. 



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