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That's about as safe as it gets.
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∙ 13y ago
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How safe is your 403-B annuity with AIG?
How safe is TSA 403 (b) Fixed annuity? Is TSA 403 (b) Fixed annuity insured ?
Are annuities a safe investment?
A variable annuity is not safe if you can't afford to lose money. A fixed annuity may not be safe if you can't afford not to make reasonable stock market type return.
What is the common purpose for a fixed annuity?
A fixed annuity is a way to help save for retirement within a safe environment. They are backed by the guarantees of the companies that issue them. They make a great addition to anyone's portfolio.
How safe are the annuities?
is my IRA annuity safe from creditors and mortgage foreclosure
Are indexed annuities insured?
They are not insured like with money in the bank and the FDIC. But it is safe as to the extent that the insurance company is safe and at this point probably safer than the banks and the FDIC! I strongly advise against indexed annuities at this point where you can receive 0% interest. Why not a fixed annuity that would guarantee the interest rate for a fixed period of time? Currently 6% guaranteed for 10 years.
How safe is your 403-B annuity with AIG?
How safe is TSA 403 (b) Fixed annuity? Is TSA 403 (b) Fixed annuity insured ?
How safe and secure is an AIG annuity that pays 4 percent fixed per year?
It is as safe as AIG is. No fixed annuity has ever lost any money, but bottom line, AIG backs the fixed annuity
Are annuities a safe investment?
A variable annuity is not safe if you can't afford to lose money. A fixed annuity may not be safe if you can't afford not to make reasonable stock market type return.
What is the common purpose for a fixed annuity?
A fixed annuity is a way to help save for retirement within a safe environment. They are backed by the guarantees of the companies that issue them. They make a great addition to anyone's portfolio.
How safe is your annuity with American Equity Investment Life Ins Company?
100% Safe.
How safe are the annuities?
is my IRA annuity safe from creditors and mortgage foreclosure
Is your annuity safe in chapter 7 bankruptcy?
yes it is
Is my IRA still safe?
The answer to that question would depend on what savings vehicle your IRA is in. If it is tied to the market I would say it is not safe. If it is with a bank you are suffering from a lack of interest. If it is in a fixed annuity it is very safe. However, what are you getting for interest? Can you move the money without taking a hit? Currently there is an IRA that pays a guarantee of 6% for 10 years. In my opinion that is wise and very safe!
Are indexed annuities insured?
They are not insured like with money in the bank and the FDIC. But it is safe as to the extent that the insurance company is safe and at this point probably safer than the banks and the FDIC! I strongly advise against indexed annuities at this point where you can receive 0% interest. Why not a fixed annuity that would guarantee the interest rate for a fixed period of time? Currently 6% guaranteed for 10 years.
Advantages and Disadvantages of a Fixed Annuity?
Fixed annuities offer a low risk investment option with a very reliable and steady income. Unfortunately, when dealing with investments, low risk typically means a lower rate of return, which is absolutely true of fixed annuities. However, the draw of a guaranteed income is enough to make a fixed annuity part of many peoples' retirement portfolios.Advantages of a Fixed AnnuityA unique feature of fixed annuities is principal protection. While other investments carry the risk that you will lose some of the money that you put in, fixed annuities provide the guarantee that you will get back any funds that you invested, regardless of the current market.Another advantage of fixed annuities is inflation protection. Annuities are designed to provide income starting at the time of retirement and continue to provide income for the remainder of the retiree's life. In addition to this advantage, a fixed annuity also comes with inflation protection. That is, these annuities are designed to keep up with the rate of inflation. These benefits are especially important in retirement, when individuals are living on a fixed income.Disadvantages of a Fixed AnnuityWhile fixed annuities offer guaranteed returns and other advantages, there are some drawbacks preventing them from always being the wisest investment option. The first disadvantage a new customer would likely notice is the annuity fees. Users are charged relatively high fees to maintain their accounts, which negatively impacts the amount of money that is made on such an investment.Another drawback to fixed annuities is their limited options and limited earning potential. This investment option is designed to be safe and guaranteed. Unfortunately, this limits the number of options available to invest in. Additionally, this impacts the rate of return compared to other investments.Although there are disadvantages to using fixed annuities for investment purposes, they are a safe way to ensure some amount of retirement income. As such, it is important to balance the pros and cons of this type of investment when developing a retirement portfolio.
Is my annuity with First Sun America safe or is it affected by recent market problems ?
Yes it shoudl be safe. You can check the rating of the company on AM Best website. And the state has a Bond to protect every covered insured. For Life and Health which is what Annuities fall under.
How are pension plans funded by life insurance policies or annuities?
I know that some pension plans are funded with Annuities. Basically an annuity is a retirement vehicle that you contribute to and then when you retire, that annuity is then "annuitized", meaning you start to receive payments. But it provides a safe way to invest your money, because they usually have guaranteed interest rates.
