{ "media_type": "text", "post_content": "Anyone heard of Equitable Financial? They’re trying to pitch some life insurance investment vehicle for tax benefits. Sounds like BS but want to hear from other", "post_id": "610542d885a3a700263d0eb4", "reply_count": 5, "vote_count": 2, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter" }

Anyone heard of Equitable Financial? They’re trying to pitch some life insurance investment vehicle for tax benefits. Sounds like BS but want to hear from other

likefunny
Posting as :
works at
You are currently posting as works at

I think they are likely a legit company but I assume they are suggesting some form of whole life. For the vast majority of people that is not a good investment due to fees and commissions. Most are better off buying inexpensive term insurance and investing their money separately. This is my opinion, but I imagine most would agree.

like

I "worked" for them my first job out of college They are a French company and are legit. However, all they do is push some form of variable perm life insurance. When I was working they paid 2x production points for these products. It's like all investment firms, some advisors are knowledgeable, some are former car salesmen that only regurgitate what they hear at sales meetings.

like

Yes have heard of it. It’s legit as far as I know.

Related Posts

It’s time for health insurance enrollment. I live in Wisconsin/Milwaukee.. I don’t always struggle to pick the right provider. Any recommendations?

like

What is your firm’s paternity leave policy?

like

Can anyone explain how the Deloitte pension works?

like

Is EY per diem or actuals? If it is per diem then why all the complaints on lunch?

like

Has anyone here had to take their visiting parents to an ER in the US without insurance? What was the process like? How did you deal with billing?

like

‪Accidentally gave the wrong insurance information and was told there'd be a $1000 deductible. I can't stop thinking about how millions of Americans can't have access to healthcare because of this 😓

like
like

Any new fathers irritated or rubbed the wrong way about all the programs/benefits/focus on working mothers and very little (if any) on working dads?

like

Really got into investing this year. Have about 60-65 percent of my money in investments (not including 401k). I want to add more, but not sure if that’s enough.

like

As we prepare for the new school year, just want to wish all of my colleagues good health, strength, clarity, and compassion in all that you do, with abundant reward for your guidance in the positive growth of our young members of society. May calm peace be yours, everyday. Cheers! ❤

likeupliftinghelpfulsmart

Please explain to me like i am 5yo... backdoor roth. 1) I have an old 401k that i rolled over to a traditional IRA 5 years ago. I have not contributed anything to the traditional IRA since i left that company in 2013. 2) i have a roth IRA that i opened 2 years ago. 2021 is the first year that i will hit income limits. 3) I have an HSA and company sponsored 401k that i contribute the max to (part roth, part trad) Traditional IRA = $52k Roth IRA =$13k 401k= $250k HSA=$3k What do i do for 2021?

like

Any suggested readings on health plan operation and performance?

like

Can someone please share protivitii feedback , perks and benefits? Gurgaon location

like

Health question: Does anyone else suffer from nerve pain in their butt/hips from sitting all day? My research tells me it’s piriformis pain. It means my sit bones are irritating my butt muscle, which irritates my sciatic nerve. It can be excruciating and hurt even when I stand. I bought a fancy seat cushion for my office chair, and I have a standing desk. Nothing helps. The pain has been around for about a month. Anyone else?? What did you do?

like

What did you guys do with your 401k and your shares before leaving the firm?

like

Ladies I am 35 weeks pregnant and going on maternity leave in 2-3 days. Politics on my project has led to poor project snapshots. What should I do?

like

Is it normal for a Partner to tell me “you know this will delay your promotion by 6 months” a day before my STD for mental health reasons? (P.S. He assumed I took the leave for mental health reasons although I never mentioned that to him). He also said “people like you leave and never come back so make sure you talk to your sponsors before making any decision, there are people who are excited to work with you”.. the conversation is on replay in my head

like

I do 6k backdoor Roth IRA using Vanguard. Recently came to know that my company supports after tax Roth 401k with limit as 57k... Does this 57k limit includes 6k of Roth IRA?

like

What's the easiest way to rollover 401k between employers? Also how does the new employer's 401k limit my yearly contribution limit if I have contributed to my previous 401k?

like

I am just wondering what are some of the great benefits one firm has but not the others? I think most of the benefits are common among big4 with little +/-.

likehelpful

Additional Posts

Hi everyone, I have 5 YOE and skill set of ETL, Oracle fusion cloud, Pl/SQL and BI tools including Sap BODS, OBIEE and BI Publisher. I am currently sitting at a package of approximately 6 LPA and I will start looking for interviews. Can you please suggest what are the market standards for my level at present, how much should I ask and settle for ?

like

I currently make $132k and have not had a IRA. Is it worth opening one if I expect my next raise to bring me above $139K (which is the income limit for a single)?

like

It’s time for health insurance enrollment. I live in Wisconsin/Milwaukee.. I don’t always struggle to pick the right provider. Any recommendations?

like

LGA rental car question - live in Brooklyn and picking car up from here. How best to get there? Uber to terminal or actual rental place? Internet has conflicting info! Thanks 🐠

like

Regular tips and strategies to keep meeting facilitation fresh? I host a lot of meetings every week with my teams and I’d love a way to keep up on new ways to engage people (mostly over zoom). Any great orgs or circles that share this kind of content?

like

Are Peloton bikes (and the app) really worth it? Do they ever go on sale? I’m considering purchasing one since I love spin. I am reluctant to return to the gym because of COVID. What makes Pelotons better than other brands?

like

Can anyone suggest how to prep for S&O manager, revenue acceleration role at google cloud?

like

In your opinion, what do you think is the most important piece of creating a positive school culture?

likehelpful

Hi! Any advice on salary negotiation (in general + common/non common tactics) and asking for a sign on bonus?

like

What is the federal parental leave policy? I’m new to government and having a baby soon. I know we’re given 12 weeks and have to sign an agreement to work 12 weeks after we return but are there other stipulations to a claw back period or how long we had to be at the agency first?

like

Director put me on a project and claimed this is my test to see if I'm ready for the next step? Ill be managing more junior staff. I wasn't promoted in the last cycle, so why the test now?

like

A question for Big 4 peeps - if you know the salary range in the group you wanna go for is 150k to 170k, how much should you say when the HR asks you how much you want? Is 180k too much to start with? (Didn’t want to start with 170k since they will only come back with lower I assume)

like

Piggy backing on my podcast post: I work mostly in film...when it comes to pure audio talent (radio/podcasts) are there set union rates comparable to SAG? Or can you set your own?

like

Any down/upside to choosing to not to self identify race/gender/disability on job apps?

like
like

Curious about how many hours plaintiffs litigation attorneys work on average per week. I’m a defense attorney and billable hours don’t make for the best work life balance. Thanks in advance.

like

3.00 UG gpa (death of a parent, caretaker of the other), 3.95 master GPA both in engineering, 730 GMAT. Have killer ECs, decent WE but not gold. I'm applying to 10 of the T15 in R1, with Cornell as my safety. Should I add more schools that are lower ranked in or just see where I land after R1? Really want to have at least 1 acceptance after R1.

like

Pros vs cons to EY TAS OTS vs EY Advisory PI? (e.g., salary, schedule, complexity/variety of work (i.e., which is more interesting), caliber of coworkers, development opportunities, career timeline?

like

New ToD home screen. Where did the utilization metric go?!

like

I have 2 years currently remaining on my H1B and don’t have I140 yet. Am planning to start applying to places, but I see a lot of posts about how companies are saying no to folks who have contd..

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal