Dick's insurance career started more than 30 years ago, including eighteen years with Manulife Financial in their U.S. Division with stints in Birmingham AL, Hartford, CT, Tampa, FL and here in the Kansas City area. Dick draws on his vast industry knowledge to provide insurance advisors product, medical underwriting and advanced sales expertise to close their life insurance cases and assists agents in finding the right solutions for their clients’ particular circumstances by thinking outside the box. Many times he will be on the phone with both the agent and their client asking questions that lead to a proper solution. He has worked with over 2,000 agents in almost every state.
Dick is well known by many people who work in this industry. Throughout his career, he has spoken before many groups of attorneys, accountants and agents in various parts of the country. And he has held a variety of positions with local industry groups to support these organizations.
Dick is also a United States Army Viet Nam Veteran and has been involved with veteran organizations as well as charitable organizations for many years. He and his wife Debbie have two grown children and reside in Overland Park, KS. Make your life easier by taking advantage of Dick’s expertise and skill.
Fixed Annuities are long term insurance contacts and there is a surrender charge imposed generally during the first 5 to 7 years that you own the annuity contract. Withdrawals prior to age 59-1/2 may result in a 10% IRS tax penalty, in addition to any ordinary income tax. Any guarantees of the annuity are backed by the financial strength of the underlying insurance company. Indexed annuities are insurance contracts that, depending on the contract, may offer a guaranteed annual interest rate and some participation growth, if any, of a stock market index. Such contracts have substantial variation in terms, costs of guarantees and features and may cap participation or returns in significant ways. Any guarantees offered are backed by the financial strength of the insurance company. Surrender charges apply if not held to the end of the term. Withdrawals are taxed as ordinary income and, if taken prior to 59 ½, a 10% federal tax penalty. Investors are cautioned to carefully review an indexed annuity for its features, costs, risks, and how the variables are calculated.