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Who invented the variable annuity?
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Answer . Annuity is the period of time allocating to make payments. The payments can be made at the begining or at the at of the period of time.
and investment vehicle that allows you to borrow at a variable rate.
ING variable annuities are annuities offered by the company ING which have variable rates of return. This is in contrast to fixed annuities which offer some sort of guaranteed… rate of return over the life of the contract.
You have a wide variety to choose from annually. That of course is the greatest benefit of all. Check with your local bank as to whether they provide them.
ING variable annuities are long-term investments typically used for planning for retirement. The insurance company pays the insured but the value of the fund fluctuates with t…he market and isn't guaranteed.
No-load variable annuities does not require investors to pay commission, although they may be charged many other fees. This concept is related to no-load investment.
No load variable annuities tend to sound very appealing to buyers. They do not have any backend charges and fees (such as up front commissions). However, there are likely to s…till be charges in some form, such as a handling fee and charges from a loaded annuity are still present, but not up front. These annuities lack living benefits, however they do hold death benefits. In contrast, both are the same, but no-loads hold death, not living benefits.
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.
Tranamerica is an insurance company that offers variable annuity. Their yield depends on the situation of the person. If a person qualifies for annuity.
Transamerica variable annuities are some of the most common available from this company. Transamerica does offer fixed annuities as well, though they offer.The Transamerica fa…mily of companies is your resource for fixed and variable annuities, mutual funds, and life insurance
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.
As with many other topics, you can find a lot of purchase information for variable annuities and insurance in general online. Purchase information is available from a wide ran…ge of insurance providers, including Prudential and Vanguard.
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.
A variable annuity is a contract between you and an insurance company, under which the insurer agrees to make periodic payments to you, beginning either immediately or at some… future date.
A variable deferred annuity is an annuity that is variable and deferred. What this means to you is that being variable it is associated with the risks of the markets that the …money is invested into. There is no guarantee to interest or principle, which may be volatile in a low market. Deferred means that it grows tax deferred whereas no taxes are paid by you until you start receiving payments from the annuity. The tax will be on the growth of the product and not what you placed in as principle. Please remember though growth is not guaranteed with a variable product.
A Variable Annuity is an insurance contract in which at the end of the accumulation stage, the insurance company guarantees a minimum payment. The remaining income payments ca…n vary depending on the performance of the managed portfolio.