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What is a fixed annuity?

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Anonymous

9y ago
Updated: 3/7/2022

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.

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Josiah Crooks

Lvl 10
3y ago

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What is a fixed income 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.


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


Will you earn a higher interest rate with a variable annuity than with a fixed annuity?

Yes, you do earn a higher interest rate with a variable annuity than with a fixed annuity. It depends on what kind of interest rate you have at the moment.


Is a variable annuity a good 403B investment?

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


What are fixed annuities comprised of?

A fixed annuity is an annuity that pays a fixed amount of interest, defined by the terms of the contract. It is comprised of the money that you put in and the interest the insurance company provides in exchange.


Should I choose an annuity fixed?

If you would rather have a slower, but more stable growth then annuity fixed is for you. Fixed annuities also offer tax-deferral which increases the speed your money grows.


What are the current rates for Fixed Annuity in Omaha, NE?

fixed annuity rates effective from 4-15-09 can be found at http://www.rasberryagency.com/images/MofORates.pdf


Fixed Annuity Calculator?

Oh, dude, a fixed annuity calculator is like a tool that helps you figure out how much money you'll get from a fixed annuity investment. It takes into account factors like your initial investment, interest rate, and payout period. So, if you're into crunching numbers and planning for the future, give it a whirl!


What is annuity unit?

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What are the terms of borrowing against a fixed annuity?

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How is an annuity payout calculated?

Market value along with a guaranteed death benefit rider if it was written into the contract. If it's a fixed annuity it can be calculated by the predetermined fixed rate.