Series 66: 3.6.1 Fixed Annuities

Taken from our Series 66 Online Guide

3.6.1 Fixed Annuities

Fixed annuities are often compared to CDs (certificates of deposit) because they have similar features. In a fixed annuity, the customer’s investment is deposited into the insurance company’s general account. This means that the insurance company is responsible for investing the client’s money as it sees fit and for providing a fixed payment based on the amount of the client’s deposit over the client’s life. The insurance company thus bears the investment risk, and it is the insurance company’s obligation to pa

+ Read More

More Series 66 Info

What are people saying?

Create an Account

Since you're reading about Series 66: 3.6.1 Fixed Annuities, you might also be interested in:

Series 24 - Two-dollar Brokers

Series 28 - Fees and Assessments

Series 66 - 6.7.1 Cash Accounts

Series 66 - Bond Certificates

Series 24 - 2.7.1.4.6. Other Types of Brokers

Series 65 - 2.3.5.2. Participating Preferred Stock

Series 7 - 17.6.2.2. ADF Market Access and Disclosure Rules

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Passed the Series 66 on my first attempt. I thought the exam simulator was perfect. The material gave me the confidence I needed going into test day. I will only use Solomon for any other exams I take in the future. Thank you!

Brendan Halick, David White & Associates, Walnut Creek, CA

I passed the Series 79, 7, and 66 thanks to your study guides. I scored an 85, 81 and 82, respectively. The exam simulator was highly useful and great preparation. I glossed over material I knew and really prepped topics related to laws and ethics, which these study guides effectively described and tested. I highly recommend Solomon!

Sean M, New York, NY

I have been extremely happy with your book series. I was able to pass the Series 66 and Series 65 with flying colors on the first try! Thanks again.

Christian Brown, Financial Decisions Group

I found encouragement along the way from reading other people's testimonials, so payback is to write one of my own. Solomon is the gold standard for customer service. I passed the 66, SIE first tries -- received a 69% on the 7 (failed), but passed on the 2nd attempt. I'm in awe over the outreach I received from day 1 but especially from Jeremy on how to move forward after falling short on the Series 7 - followed his advice - one of which was to get the accompanying videos and passed. Watching/studying the Chapter 5 video had a big impact. I also printed the questions I got wrong that I particularly struggled with while taking the online exams, printed and/or turned them into flashcards, then taped many of them around the house. It forced me to constantly revisit the information and moved me past a superficial understanding. I'll take a messy-looking home for a short time than having to retake a 3 hour and 45 minute exam.

Brook Langston, Everspire. Salt Lake City, UT

I just passed the Series 66 exam and found that the Solomon Exam Prep materials are the way to go when preparing for this exam. The advice given from the get-go is spot on; if you think you can cram for this course, forget it. Use the materials as advised and you'll do well. The format of the practice exams closely simulate the way the questions are presented on the test itself. I had 2 prep materials, Solomon's and another and I honestly believe Solomon's was the one that helped the most.

Julio Revuelta, Wealth Management Firm, Miami, FL

Passed 66 on the first try with flying colors. Solomon materials and advice was spot on. Follow it!

Craig Brand, Capital Financial Services, Nevis, MN