the insured agrees to make a lump-sum payment or series of payments to an insurance company...
Yes, an annuity value calculator can show you the present value of an annuity. As you may know, the present value of an annuity is the current value of a set of cash flows in the future, based on a specified rate of return.
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.
It increases
An immediate annuity calculator will help determine your income when your annuity comes due. Find a reputable place to help plan your future. www.fidelity.com is a good place to reserach.
There is a simple but accurate online annuity calculator at http://www.bankrate.com/calculators/investing/annuity-calculator.aspx. Just enter your information into the form, and the website will take care of all the calculations for you.
Variable annuity insurance is insurance that has a variable year to year and it can change upon facts that change such as your base description of how you manage your life.
the insured agrees to make a lum-sum payment or series of payments to an insurance company
Annuity payout calculators can be found from the following resources: "Bankrate", "Calculator", "1728 - website", "Financeformulas", "tsp", "rbcinsurance", "beginnersinvest" to mention a few.
fixed annuity
If the annuity is a non qualified tax deferred annuity (an annuity that taxes were paid on the money before they were placed into the annuity) you will pay taxes on any interest growth when it is removed from the annuity. If the annuity is a qualified annuity (no taxes were paid prior to placing the fund into the annuity) you will pay taxes on all withdrawals from the annuity.
difference between an annuity and a compound annuity?Read more: What_is_the_primary_difference_between_an_annuity_and_a_compound_annuity
ordinary annuity
The option to get annuity every month is called monthly annuity.
An annuity will have the following: Owner, Annuitant , Beneficary. Yes the owner of an annuity may name a beneficiary for an annuity, even in the state of louisiana. (I am a native of Louisiana and can confirm that our laws are different). In most situations, the annuitant and the owner are the same. If the annuitant is not the owner, he or she may not have said power of naming the beneficiary.I am a Louisiana Insurance Agent and have handled many annuities in the State of Louisiana.Thanks
A period certain annuity guarantees payments for a specific period, such as 10 or 20 years, regardless of the annuitant's lifespan. A life annuity provides payments for the lifetime of the annuitant, ensuring income for as long as they live but ceasing upon their death.
ordinary annuity we paid at the end of the period annuity due we paid at the begging of the period
ordinary annuity we paid at the end of the period annuity due we paid at the begging of the period