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What type of annuity credits an individual with a return that is based on changes is an index?
This would be called an indexed annuity or an equity indexed annuity both meaning the same thing.
What type of annuity credits an individual with a return that is based on changes in an index?
This would be called an indexed annuity or an equity indexed annuity both meaning the same thing.
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
Is your Roth fixed deferred annuity an indexed annuity?
No, unless it states it is an indexed annuity. If it just states that it is a fixed deferred annuity, then No. Deferred means that no taxes are paid until funds are removed, however by the nature of the Roth IRA interest is not taxable under the provisions of a Roth IRA with the IRC code.
What type of annuity pays an equal annual amount until death?
The best annuity to do this right now is a Fixed Indexed Annuity with a Lifetime Income rider.
Which type of annuity credits an individual with a return that is based on changes in an index?
indexed! :)
Which type of annuity credits an individual with a return is based on changes in an index?
indexed! :)
Which of these statements is true to an annuity?
There are three types annuities including fixed, indexed, and variable.
What is an equity indexed annuity?
An equity indexed annuity is a fixed annuity product offered by an insurance company. It is a unique product for those individuals who want reliability without the risk of loss from the market as in a variable product. You place a sum of money or periodic payments into a product that the company utilizes a market in order to factor what interest you will make. You will not lose your principle or accrued interest due to market loss because your money is never in the market or index.
Do annuity rates remain steady or are they variable?
This actually depends on the annuity. A "fixed" annuity always gets you the same rate, while the rate of a "variable" annuity is indexed to some other rate, usually the federal prime rate. Rates are variable over the long term. It is possible to lock a steady rate in but it costs more to do so.
What rates do annuities pay?
Rates vary, the best fixed annuity right now as of 9/23 is 3.8%, but indexed annuities can give you some great results.
