You'll get your money back, with interest.
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 still 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.
Insurance annuities is like investing towards your future. There are many different types of annuities, you should choose one that meets your financial situation.
No
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
Three types of Insurance Annuities are variable annuities, fixed annuities and indexed annuities.
The tax advantages for investing in annuities is most have. On your tax return you will recieve credit for having it.
Most banks offer some sort of insurance on annuities, often at a yearly fee.
Most insurance companies sell annuities which are usually associated with them. Fidelity.com is one site where you can learn about annuities. While these are safe investments they aren't really considered high yielding.
To look for safer methods of savings one option is to purchase annuities through insurance companies. These investment provide continuous payment to retirees until the time of death. Research the annuities you are interested in buying by looking at the company profile and researching how they have been doing the past year. Watch and read everything you can about investing in annuities.
Nationwide offers the following annuities: Variable annuities, immediate annuities, fixed annuities and fixed indexed. For more information one should contact Nationwide.
To the best of my knowledge, as in most states, a life license is required to sell annuities in Arizona. Good luck.
YES