Series 65: Loans During The Accumulation Phase

Taken from our Series 65 Online Guide

Loans During the Accumulation Phase

An annuitant is allowed to take a loan from the value of the annuity, but this withdrawal will be taxed and interest will be charged on the loan. The interest is usually paid by reducing the number of accumulation units in the annuitant’s account. The loan is taxed according to the same rules that apply to annuities, including the 10% penalty tax. They may also be subject to surrender charges.

+ Read More

More Series 65 Info

What are people saying?

Create an Account

Since you're reading about Series 65: Loans During The Accumulation Phase, you might also be interested in:

Series 22 - 1.1.3.2.2.1. Partnership Representative

Series 53 - Cancellations and Reclamations

Series 82 - 1.2.1. Communications Rules for a Public Underwriting

Series 53 - Control Relationships Must Be Acknowledged (MSRB Rule G-22)

Series 3 - 7.3.7.2. Trading Ahead and Other Trading Standards

Series 53 - Chapter 3 Practice Questions

Series 7 - 5.2.4.1 Contract Size

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I am so happy to say that took my Series 65 Exam and passed on my first attempt! All thanks must go to Solomon Exam Prep and its materials. I read the Study Guide cover to cover 3 times, took notes and took what felt like endless practice quizzes, but I must say that I found the practice questions more difficult than the actual exam! I cannot recommend Solomon Exam Prep enough!

Kevin Blanchard, Meche and Associates. Breaux Bridge, LA

Thank you Solomon! I passed the Series 65 today on the 1st attempt. Same result as on the Series 63 I passed last year. The Solomon video lectures and exam simulator was awesome. It not only helped pass the test but helped me really understand all the material.

Gary Kilanowski. Scottsdale, AZ

I thought the study material from Solomon Exam Prep was great. It helped me focus on the sections where I needed to study the most. I passed with an 81% on my first try for the Series 65 exam. I would definitely use Solomon Exam Prep again if I need to get any more licenses.

Michael, Portland, OR

Just wanted you to know, I passed the Series 65 exam on the first attempt. Your book was easy and enjoyable to read, all of the important information was very well explained. But I found your online quizzes and exams extremely helpful in getting the material entrenched in my memory. I was very comfortable with the format and wording of the questions on the actual exam after drilling with your online program. Thank you for enabling me to move to the next level of my career.

Robert Rosenbaum, Sarasota, FL

The Series 65 was a tough exam, but thanks to Solomon I passed at the first attempt. The Solomon Exam Prep Course covered every single aspect in detail. The material was not only important to pass the exam, but it is extremely helpful in the job as investment adviser representative.

Isabel Fliss CoreCap Advisors Southfield, MI

I am delighted to be able to tell you that I passed my Series 65 exam on my first attempt earlier today. Although I am an experienced adviser my work has previously all been in the UK and servicing UK Expats so have had no previous experience in the US or its regulatory framework. My only resource was the Solomon Exam Prep module for Series 65. It had everything I needed including prompt (super quick) responses to queries from real people. Even on a Sunday which I find incredible. A big thank you to you and the whole staff; I have recommended you to a number of people and will continue to do so; worth every penny.

Jonathan Brookes, Hoxton Capital, Austin TX