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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.
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.
How often do fixed annuities pay?
Fixed annuities pay every year.
how can I find out about fixed annuities?
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.
Can you sell fixed annuities yourself?
You can sell fixed annuities if you have a life insurance license.
What are three types of insurance annuities?
Three types of Insurance Annuities are variable annuities, fixed annuities and indexed annuities.
What are fixed annuities and how do they work?
Fixed annuities are like CD's but are geared toward retirement savings.
How much does an annuity cost?
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.
What are some companies that help pay for fixed annuities?
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.
Where can one learn about buying annuities?
One can learn about buying annuities from many different places. One of the best places to learn about annuities is the fisher investment annuity website.
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.
Are there any annuities backed by fdic?
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
