SERIES 66 CANDIDATES, KNOW AND STUDY EQUITY INDEXED ANNUITIES FOR SERIES 66 EXAM

Taking the Series 66 exam? Be aware that  NASAA's Test Specifications for the Series 66 include questions on insurance-based products, such as equity indexed annuities. See NASAA's Test Specifications Section II (F) (1).

Bob Eder devotes pages 75-81 in his Study for the Series 66 Exam to a discussion of annuities, including equity indexed annuities, including practice questions and examples. Here is a sample of Bob Eder's treatment of annuities:

"Equity Indexed Annuities                                                                   II(F)(1)

These products are also known as "fixed-indexed annuities." An equity-indexed annuity is a variation of a fixed annuity. An insurance company guarantees an annuitant a certain rate of interest or return, say four 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. However, there are no guarantees. Thus, use extra caution in recommending these products!"

Here is the link to NASAA's Content Outline and Test Specifications for the Series 66 exam. See Section II (F) (1) on Annuities.

Study for the Series 66 Exam is available from Amazon in both paperback and Kindle e-book versions. Here is the link to Bob Eder's book on Amazon.

For questions about Bob Eder's Series 66 study manual, Study for the Series 66 Exam, or questions in general about the Series 66 exam, such as on 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. See Bob Eder's Author Page on Amazon.com.