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Can US Civil Service Annuity-Pension be garnished?

no.


What is the difference between an annuity and a perpetuity?

The main difference between an annuity and a perpetuity is that an annuity has a set period of payments, while a perpetuity provides payments indefinitely.


What is a flexible variable annuity?

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.


What is the difference between a perpetuity and an annuity?

The main difference between a perpetuity and an annuity is that a perpetuity provides payments indefinitely, while an annuity provides payments for a specific period of time.


Can a military annuity be garnished to pay a credit card debt?

No. It is exempt from judgements.


Can child support paid to the custodial parent be garnished if they owe other debts?

No. Child support payments cannot be garnished.No. Child support payments cannot be garnished.No. Child support payments cannot be garnished.No. Child support payments cannot be garnished.


Where can one find an annuity payments calculator online?

One can find an annuity payments calculator at a number of places online. For example, DGI Direct, RBC Insurance, Bankrate, and Legal and General all have annuity payments calculators online.


What happens to annunity payments after person dies?

After a person dies, the fate of annuity payments depends on the type of annuity and its terms. If the annuity has a death benefit provision, payments may continue to a designated beneficiary or be paid in a lump sum. In contrast, if it is a straight-life annuity, payments typically cease upon the annuitant's death. It's essential to review the specific terms of the annuity contract to understand the implications for beneficiaries.


How do a retired mailman get his annuity payments?

In the mail?


Periodic payments for an insurance policy?

annuity


What can and cannot be garnished from your retirement?

Monthly child support payments can be garnished from retirement.


Can you take a loan from an annuity?

Yes, but not directly. An annuity is a stream of payments paid to some entity for some limited period of time (there are lifetime annuities which are known as perpetuities). One has the following two options for unlocking the value of an annuity: * Sell the annuity - receive the present value of all future payments right now in a single lump-sum - you will NOT have to pay it back, however, you will not receive any more annuity payments * Get a loan - offer the payments as security on a personal loan - the bank will ask you to redirect the payments of the annuity to their bank and either (1) directly use future payments to pay the loan payments or (2) keep future payments accumulated in a trust to guarantee that the loan gets fully paid.