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A variable annuity is a contract with an insurance company that guarantees payments for life. Variable annuities include the option to invest in a wide variety of different asset classes known as subaccounts which can consist of different stock and/or bond portfolios.
The payments from a variable annuity can fluctuate up or down based on the performance of the assets held in the subaccounts chosen.
Variable annuities can offer different payment guarantees based on the terms of the contract. For example, if the purchaser of a variable annuity thinks there is a risk of poor performance in the subaccounts chosen it is possible to receive a guarantee of a minimum income payment in return for the payment of a fee.
The benefit of investing in a variable annuity is the opportunity for growth in the benefit payment if the underlying subaccounts perform well. By contrast, investors in a fixed income annuity have the security of a guaranteed payment for life or a fixed period of time but may suffer due to a loss of purchasing power. Diversification is one of the golden rules of investing which is why many financial advisers recommend putting some of your money into both variable and fixed income annuities.
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Is a variable annuity a good 403B investment?
Fees are higher in a Variable annuity than they are in say a fixed Index Annuity.
What is transamerica variable annuity and what are their yields?
Tranamerica is an insurance company that offers variable annuity. Their yield depends on the situation of the person. If a person qualifies for annuity.
What are the benefits of a variable annuity?
A variable annuity is beneficial in an economy such as ours now. That way, when interest rates rise (however many years that will take), your annuity will also be at a higher rate.
What is vanguard variable annuity?
A vanguard variable annuity is a low-cost, no surrender fee, deferred variable annuity.You have to pay an initial fee of around $5,000 to start it up.
What is variable annuity?
A Transamerica Variable Annuity is a fixed system of payment, based on a minimum monthly payment, that ensures payment to individuals during and after retirement.
What types of charges and fees common to variable annuities include?
In most cases a variable annuity with have an insurance fee and an annual (but perhaps broken down monthly) management fee on the accounts and subaccounts that your funds are invested into. Depending on the company you deal with the cost of these fees will vary and there may be additional fees added.
Variable Annuity Calculator?
Variable Annuity Calculator Contributing to a Variable Annuity creates long term tax-deferred growth. Use this calculator to see how a Variable Annuity might fit into your retirement plan.
Is a variable annuity a good 403B investment?
Fees are higher in a Variable annuity than they are in say a fixed Index Annuity.
What is transamerica variable annuity and what are their yields?
Tranamerica is an insurance company that offers variable annuity. Their yield depends on the situation of the person. If a person qualifies for annuity.
List of annuity that will advance with economic and market conditions?
variable annuity
What is variable annuity insurance?
Variable annuity insurance is insurance that has a variable year to year and it can change upon facts that change such as your base description of how you manage your life.
Will you earn a higher interest rate with a variable annuity than with a fixed annuity?
Yes, you do earn a higher interest rate with a variable annuity than with a fixed annuity. It depends on what kind of interest rate you have at the moment.
What are the benefits of a variable annuity?
A variable annuity is beneficial in an economy such as ours now. That way, when interest rates rise (however many years that will take), your annuity will also be at a higher rate.
What is variable annuity life?
Annuity Life is a contract of insurance between you the buyer and the seller. Variable Annuity Life is a company that covers retirement groups for schools, colleges and Health care.
What is vanguard variable annuity?
A vanguard variable annuity is a low-cost, no surrender fee, deferred variable annuity.You have to pay an initial fee of around $5,000 to start it up.
How good is allianz variable annuity?
The Allianz variable annuity is good for anyone wanting to prepare for their future or protect their retirement. A Allianz annuity is great for market growth and deffered taxable income.
Who invented the variable annuity?
some one
