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An annuity can be a good investment under the right circumstances, however most annuities are designed to be sold, not bought. They are often the investment of choice offered by banks and other commissioned based investment companies as they are among the highest commission paying products. Brokers can earn more than 10% commissions on annuities, which is why there is normally a substantial surrender fee should the investor decide to cash out early. However, there are some annuities that don't have any sales charges, and therefore don't have any early surrender fees. Before making any investment decision, consult a financial advisor to be sure that the advice you are getting is appropriate for your individual situation.
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Is a vanguard variable annuity a good investment?
A Vanguard variable annuity does seem be a good investment in the current market. As with any investment, there are no guarantees of profitable returns.
Is a variable annuity a good 403B investment?
Fees are higher in a Variable annuity than they are in say a fixed Index Annuity.
When is an investment an annuity?
When an investment is made with the sole purpose of getting a fixed sum of payment each year can be termed as annuity investment.
Where might one find good advice about buying an annuity?
There are a number of good places to look for advice when buying an annuity. Some examples include your local branch bank, a financial planner or online investment forums.
How does one purchase annuity?
To purchase an annuity you need to go to an insurance or investment broker. They can be found at SunLife and ManuLife. The minimum annuity cost is $3,500.
What is the best place to find good advises on selling annuities?
Selling an annuity is, by and large, not a good idea. It is possible to sell one's right to future payments from an annuity in exchange for a cash sum. However, that market has some operators in it that may not give you a very good deal. If one is considering selling one's annuity, paying for advice from an Independent Financial Advisor could be a good investment
Which investment option guarantees payments at regular intervals after retirement?
Annunity
Should annuity be wrap into a IRA or Roth IRA?
An annuity certainly can be purchased in an IRA, but one of the benefits of an annuity is tax deferral which you already have with an IRA. So as long as you understand that there are no additional tax benefits when placing an annuity in an IRA it may be an appropriate investment.
What is an Enhanced Credit Variable Annuity?
and investment vehicle that allows you to borrow at a variable rate.
How safe is your annuity with American Equity Investment Life Ins Company?
100% Safe.
How do you calculate how much investment is needed over a certain period to provide a monthly annuity for a period of years?
Just do a google search for "annuity calculators" in [your state]. Just do a google search for "annuity calculators" in [your state].
What is the meaning of perpetual-annuity?
A perpetual annuity is a series of equal payments that continue indefinitely. This means that the payments will never end, providing a constant stream of income. It is commonly used in finance to calculate the present value of an infinite series of cash flows.
