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Working with an accountant who is intimately familiar with tax law is the best way to determine inexpensive ways to get a variable annuity. Another option is talking directly with your insurance provides to see what programs they have.

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13y ago

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What is the definition of variable annuity funds?

A variable annuity of funds allows for you to invest funds with an insurance company. When you invest your funds, you are able to pick which investments you would like your funds to go into.


Which type of annuity typically utilizes mutual funds?

vairable Variable


In a fixed annuity an investor can choose from many options usually in mutual funds?

variable


What is the definition of Variable Annuity?

I found different sites with definitions for annuity variables. Investopedia states that an annuity variable is, "an insurance contract in which, at the end of the accumulation stage, the insurance company guarantees a minimum payment. The remaining income payments can vary depending on the performance of the managed portfolio." (http://www.investopedia.com/terms/v/variableannuity.asp#axzz1bw9FbZ8G)


What companies can help me set up a variable annuity fund?

Met Life offers variable annuity funds. You may want to visit the official Met Life website for more information or for their contact information. www.metlife.com


Where can one find the definition of deferred annuities?

Deferred annuities are either fixed or variable. A deferred annuity is where one deposits funds with an annuity company. Taxes on any financial gains made by your investments are deferred until you withdraw your funds.


What annuities can individuals choose to invest purchase payments from a range of investment options which are typically mutual funds?

variable annuity


Variable Annuity Calculator?

Variable Annuity Calculator Contributing to a Variable Annuity creates long term tax-deferred growth. Use this calculator to see how a Variable Annuity might fit into your retirement plan.


Is a variable annuity a good 403B investment?

Fees are higher in a Variable annuity than they are in say a fixed Index Annuity.


Can an annuity potentially result in a loss of funds?

Yes, an annuity can potentially result in a loss of funds if the investments underlying the annuity perform poorly or if the fees associated with the annuity are high.


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.


Where online can one find the most reliable information about variable annuity ira?

Variable annuities are tax deferred investment accounts similar to mutual funds. Variable annuity IRAs use money in your IRA account to fund the principal for the investment, but keep in mind that IRAs are already tax-deferred. You can find unbiased information on variable annuities and variable annuity IRAs through FINRA. http://www.finra.org/Investors/ProtectYourself/InvestorAlerts/AnnuitiesAndInsurance/p005976