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A variable annuity of funds allows for you to invest funds with an insurance company. When you invest your funds, you are able to pick which investments you would like your funds to go into.
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∙ 10y ago
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How good is the vanguard variable annuity?
Annuities usually mean large fees and higher tax rates. However, Vanguard tends to stand separate from all others. It is beats its competitors by 70% in managed mutual funds. However, investors have a 5% chance of doing better with Vanguard Variable 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.
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.
Which of these is true of an annuity?
there are two types of annuities including fixed and variable
How much of an annuity is taxed?
I am not a tax advisor and you should always seek the advice of a professional, but, having said that, generally speaking, qualified funds in an annuity, with a qualified tax plan, such as an IRA are fully taxable when you take receipt of the funds. Non qualified funds in an annuity, are taxed only on the gains. These are guidelines only. Please seek the advice of a qualified professional tax advisor.
Where can one find the definition of deferred annuities?
Deferred annuities are either fixed or variable. A deferred annuity is where one deposits funds with an annuity company. Taxes on any financial gains made by your investments are deferred until you withdraw your funds.
Which type of annuity typically utilizes mutual funds?
vairable Variable
What is the definition of "axa variable annuity"?
The definition of AXA Variable Annuity is a life insurance policy that give the option of market appreciation. It gives you a variety of investment options with your policy.
What is the definition of Variable Annuity?
I found different sites with definitions for annuity variables. Investopedia states that an annuity variable is, "an insurance contract in which, at the end of the accumulation stage, the insurance company guarantees a minimum payment. The remaining income payments can vary depending on the performance of the managed portfolio." (http://www.investopedia.com/terms/v/variableannuity.asp#axzz1bw9FbZ8G)
In a fixed annuity an investor can choose from many options usually in mutual funds?
variable
What companies can help me set up a variable annuity fund?
Met Life offers variable annuity funds. You may want to visit the official Met Life website for more information or for their contact information. www.metlife.com
How can I do Variable annuity funds for free?
Working with an accountant who is intimately familiar with tax law is the best way to determine inexpensive ways to get a variable annuity. Another option is talking directly with your insurance provides to see what programs they have.
What annuities can individuals choose to invest purchase payments from a range of investment options which are typically mutual funds?
variable annuity
Variable Annuity Calculator?
Variable Annuity Calculator Contributing to a Variable Annuity creates long term tax-deferred growth. Use this calculator to see how a Variable Annuity might fit into your retirement plan.
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 is a variable annuity definition?
The definition of a variable annuity is basically a contract between you and the insurance company where you agree to purchase the annuity. In doing so you make 1 or 2 payments. Then the money is invested into a variety of investment options. The insurance company agrees to pay you income payments at some point in the future. That time can last a long or short period or for the rest of your life.
Where online can one find the most reliable information about variable annuity ira?
Variable annuities are tax deferred investment accounts similar to mutual funds. Variable annuity IRAs use money in your IRA account to fund the principal for the investment, but keep in mind that IRAs are already tax-deferred. You can find unbiased information on variable annuities and variable annuity IRAs through FINRA. http://www.finra.org/Investors/ProtectYourself/InvestorAlerts/AnnuitiesAndInsurance/p005976
