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Can you draw annuity?
I assume you mean draw on annuity early. Depends on the type annuity. If deposit type ...yes. If deferred payout annuity...no, (like a pension) not until you reach a certain age.
What is the annuity type called that guarantees to pay out an income equal to the purchase price of the annuity?
Refund Life Annuity
Can you roll over an annuity?
Yes but it depends on the type of annuity and if it the policy qualifies.
What type of annuity is the individual credited with a return that is based on changes in an index?
Indexed annuity
What type of annuity is the individual credited with an return that is based on changes in an index?
Indexed annuity
In which type of annuity is the individual credited with return that is based on changes in an index?
index annuity
Annuity loans are what type of loan exactly?
Annuity loans are when an annuity holder borrows money against the value of an annuity contract. It allows one to access funds without having to cash out their annuity immediately.
What type of annuity is a 401 K?
a 401K is a tax deferred qualified annuity similar to an IRA.
What does an annuity calculator do?
This type of calculator gives you the annual payment of annuity. If you don`t know what annuity is, then this won't help you out very much. But I hope that it will.
What is a fixed annuity?
A fixed income annuity is a type of insurance contract where the insurance company makes payments of a preassigned amount to the holder of the annuity, the annuitant.
What is the type of annuity in which the cash values are invested in securities?
This type of annuity would be a variable annuity. There are no guarantees on your interest and you may lose some or all of your principle. They do have the ability to grow at higher rates when the markets are up.
Where can one find out about CD type annuity?
CD-type annuities are discussed on a website known as Bankrate. In an article by Laura Bruce, Laura writes the FDIC or Federal Deposit Insurance Corporation does not protect against these CD-type annuities. She points out there is a chance for tax advantages and better rates but also points out the risks involved. For example, experts point out the IRS penalties and interest costs involved in getting out.
