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Annuities have been described as reverse life insurance policies. You pay a large amount to your insurance company to start it and will receive small cash amounts over time. It's the opposite of insurance.
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∙ 2011-07-20 21:55:18
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What are fixed annuities and how do they work?
Fixed annuities are like CD's but are geared toward retirement savings.
What are three types of insurance annuities?
Three types of Insurance Annuities are variable annuities, fixed annuities and indexed annuities.
Do I have to pay annual taxes on my fixed annuities?
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.
Are fixed annuities confusing?
Not always, but sometimes they can be. It will work out though, don't worry.
Are hybrid annuities index annuities?
YES
What are the types of annuities offered by Nationwide?
Nationwide offers the following annuities: Variable annuities, immediate annuities, fixed annuities and fixed indexed. For more information one should contact Nationwide.
How do you use annuities in a sentence?
Here are some sentences.Their annuities paid them dividends.Everyone contributed to their annuities.
Where can I find a fixed annuities guide?
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.
Where is the information on ING's website about variable annuities?
The direct link to ING variable annuities is http://ing.us/individuals/products-services/annuities/variable-annuities It is best to look into all forms of retirement planning.
What are variable annuities?
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.
How often do fixed annuities pay?
Fixed annuities pay every year.
What are ING variable annuities?
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.
