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You were an employee of Echlin via their purchase of Sprague Devices and need to locate a pension plan that was put into an annuity by them?
Wiki User
∙ 14y ago
Easiest way to find out status of pension would to be to ask the new corporate owner otherwise contact the Dept. of Labor or PBGC (Pension Benefit Guaranty Corp) both govt. agencies where employers file this information.
Wiki User
∙ 14y ago
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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 annuity type called that guarantees to pay out an income equal to the purchase price of the annuity?
Refund Life Annuity
How can one purchase an annuity?
You need to decide what type of annuity you want to purchase a fixed annuity are for the conservative investor the rate of return is lower. With a variable annuity gives choices of where to invest and amount of payment. A finical advisory will be very helpful to the decision process.
What is immediate annuity and what is it used for?
An immediate annuity is something that will give you a stream of income for life. You can purchase them from insurance companies. They are great because even if you live to be 120 years old you will still get payments.
What are the advantages of using annuity brokers to purchase an annuity?
The advantage of using an annuity broker is that they can present you with a range of options that may have been difficult to find otherwise. They may also be able to give advice on which annuity is a good fit for you. You should always understand any fees charged by the broker before using their services.
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 annuity type called that guarantees to pay out an income equal to the purchase price of the annuity?
Refund Life Annuity
What is the purpose of a tax sheltered annuity?
Tax sheltered annuity refers to an employee making contributions into his/her retirement plan from his/her wages. If this is a direct contribution to the plan, this means the employee has the benefit of tax-free funds.
How do you use the word annuity in a sentence?
This how u put in sentences: Do I have to purchase an annuity at age 75?
How can one purchase an annuity?
You need to decide what type of annuity you want to purchase a fixed annuity are for the conservative investor the rate of return is lower. With a variable annuity gives choices of where to invest and amount of payment. A finical advisory will be very helpful to the decision process.
What are great examples of fixed annuity rates?
Great examples of fixed annuity rates are found in pension schemes. For a pension scheme, an employer might pay for its employee for example 100 dollars in the company until the employee is retired.
What insurance company should I purchase an annuity variable from?
The best way, in my opinion to consider what insurance company to purchase an annuity variable from, is to find a policy that best suits me. Does it offer death benefits? Is it tax-free? And am I at the appropriate age to get an annuity variable without being taxed. You also want to consider whether you want short or long term annuity.
Are the contributions to an annuity tax deferred?
No. The money payments to a annuity plan when you purchase the annuity plan the amount that you pay for the plan is not tax deferred. The amount is after income tax funds. The earnings that go on inside of the annuity plan will be tax deferred until the time that you start taking distributions from the annuity plan.
Do you need to be part of a special class in order to purchase a Vanguard Variable Annuity?
You do not need to be a part of any special class or group to purchase from Vanguard Variable Annuity. They do offer programs for certain groups, but it is not exclusive.
Can you receive a Federal employee disability annuity and a VA disability annuity payment together?
Yes you can collect Federal Disability Civil service and Va disability payment together, but the checks are separate.
What is the meaning of annuity guaranteed for 5 years and for life thereafter?
Currently the following options are available under LIC's immediate annuities:1. Annuity for life: The annuity is paid to the life assured as long as he/she is alive.2. Annuity Guaranteed for certain periods: The annuity is paid to the life assured for periods of 5 or 10 or 15 or 20 years as chosen by him/her, whether or not he/she survivesthat period. After the chosen period, the annuity is paid to the life assured as long as he/she is alive.3. Annuity with return of purchase price on death: The annuity is paid to the life assured as long as he/she is alive. On the death of the life assured, the purchase price of the annuity is paid as death benefit. The purchase price includes the Sum Assured under the Basic Plan, the accrued Guaranteed Additions and any accrued bonuses, excluding the commuted value, if any.
Where can I find a great immediate annuity calculator?
YOu can go to the folllowing website to get a great immediate annuity calculator to help you with your new home purchase http://www.immediateannuities.com/
