Not always, but sometimes they can be. It will work out though, don't worry.
Fixed annuities pay every year.
You can sell fixed annuities if you have a life insurance license.
Nationwide offers the following annuities: Variable annuities, immediate annuities, fixed annuities and fixed indexed. For more information one should contact Nationwide.
Three types of Insurance Annuities are variable annuities, fixed annuities and indexed annuities.
Fixed annuities are like CD's but are geared toward retirement savings.
Companies such as Prudential, Met Life, Fidelity, and Merrill Edge all pay fixed annuities. Fixed annuities are typically utilized by those who are retired or are about to retire.
No, fixed annuities are generally tax-deferred. You will pay taxes on it when you remove the money from the annuity. Fixed annuities are not taxed so no you would not have to. You can find out more facts about how they work by visiting www.moneymanagment.info.
There are different types of annuities. Variable annuities cost much more and I wouldn't recommend one. Now with Fixed Indexed Annuities you can have the potential of the upside of the market without any of the loss. Fixed and Fixed Indexed annuities typically do not cost a cent unless you have added a (rider) to the product that has a small annual cost.
Guides to fixed annuities can readily be located on the internet at financial planning websites such as www.investopedia.com, www.annuityadvantage.com, www.iii.org; as well as at your local library or with your investment advisor. Be sure to research multiple sources before making any decisions though, as many legitimate guides will try to steer you towards products they specialize in. You can find a guide online for fixed annuities at http://www.thefixedannuities.com/.There it will explain how fixed annuities work and what different types of annuities there are.
No. But most variable annuities and fixed deffered annuities are backed by the State Gurantee Association, which is a government agency similar to the fdic
To find out about fixed annuities rates visit your bank provider at your local bank. They will be able to provide you with all the information that you require.
Fixed annuities are offered by many companies, the top companies are Metlife, ING, Mass Mutual, Prudential, Pacific Life an John Hancock Annuities. It is best to contact at least three companies to compare rates and types of annuities before committing to one company.