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  • Attorneys David Meyer and Matthew Wilson have been selected to the list of Super Lawyers since 2011 and 2015 respectively.

  • Attorney David Meyer is a member of the Million Dollar Advocates Forum, an organization recognizing attorneys who have secured million dollar cases.

  • Martindale-Hubbell® Peer Review Ratings™ has recognized attorney David Meyer as an AV Preeminent® attorney in High Ethical Standing.

  • Attorneys David Meyer and Matthew Wilson have received a 10 out of 10 “Superb” rating on Avvo, calculated based on stringent and exhaustive criteria.

  • Attorney David Meyerhas been selected to the list of the Best Lawyers in America® for Mass Tort Litigation / Class Actions – Plaintiffs and Professional Malpractice Law – Plaintiffs every year since 2011.

  • Attorney David Meyer was selected as the 2015 Lawyer of the Year for Professional Malpractice Law – Plaintiffs for Columbus, OH by Best Lawyers®.

  • Meyer Wilson was ranked as a Tier 1 Best Law Firm for both Mass Tort Litigation / Class Actions – Plaintiffs and Professional Malpractice Law – Plaintiffs by U.S. News.

Understand the Type of Annuity You Are Purchasing

ecent economic times have left investors searching for ways to recoup their losses and generate decent returns. Many have considered parking investment dollars in annuities. Understanding the different types of annuities is critical before making an investment decision.

The Financial Industry Regulatory Authority (FINRA) defines an annuity as, "a contract between you and an insurance company in which the company promises to make periodic payments to you, starting immediately or at some future time." It is a distribution of money earned on an investment on a set schedule that could include quarterly, bi-annual, or yearly distributions.

There are several types of annuities available, which are described below:

  • A deferred annuity gives you the opportunity to have your investment grow tax-deferred until the day you withdraw the money or convert it into an income stream.

  • With a deferred variable annuity, you can invest your money in "sub-accounts." The gains on the annuity are tax-deferred until the money is taken out or annuitized.

  • Indexed annuity generates returns on your contributions (based on a market index).

  • With an immediate annuity, transform a lump-sum amount into a lifetime income stream.

There are specific benefits and risks to the various annuities. It is important that you fully understand an annuity before investing your money.

Need More Information?

Investment misconduct can be complex and confusing. That’s why we’re here to help you. Visit our Common Questions page to find in depth answers directly from our attorneys. Get More Answers
Have You Been a Victim of Investment Fraud?

You trusted your financial advisor with your money, but now you're left wondering what went wrong. If you or a loved one suffered losses because of investment misconduct, Meyer Wilson can step in and fight to recover your losses. The team of investment fraud lawyers at the firm has been helping people like you since 1999 by winning judgments, settlements and verdicts worth hundreds of millions of dollars against brokerage firms, financial advisors and banks.

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