Why Annuities Are a Problem for Americans Living in Israel

Goldstein on Gelt

Content provided by Douglas Goldstein and Douglas Goldstein | CFP® | Profile Investment Services. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Douglas Goldstein and Douglas Goldstein | CFP® | Profile Investment Services or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

10d ago 16:36

MP3•Episode home

Why Annuities Are a Problem for Americans Living in Israel

Annuities promise stability and guaranteed income, but for Americans living in Israel, they can quickly become a financial trap. Complex contracts, long lock-in periods, and high fees often make these insurance products far less flexible than they appear. And when cross-border tax rules enter the picture, what seems like a safe, "guaranteed" investment in the U.S. can create major complications overseas.

This episode unpacks how annuities really work, why they often don't fit cross-border investors, and what alternative strategies can provide steady income with greater control. Learn what to watch for in the fine print, how to identify red flags, and how to build a more reliable retirement plan that aligns with your goals in Israel.

Key Takeaways:

Annuities can involve high fees, surrender penalties, and limited access to funds. U.S.–Israel tax rules may reduce or even eliminate the expected benefits. A flexible, well-diversified investment plan can offer similar income with fewer complications.

Want to see how your financial plan holds up across borders? Schedule a free Cross-Border Financial Evaluation at profile-financial.com/call.

606 episodes

#Douglas Goldstein #Douglas Goldstein | CFP® | Profile Investment Services #Trading #Business #Podcasting Education