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You are 62 years old and have farmers annuity plus sep IRA and must have all funds from account now how do you begin process how long will it take to receive funds and what is surrender charge?
Wiki User
∙ 16y ago
Contact the company that issued the annuity and discuss with them, there is no 'set' amount or time, this is a company/policy specific question.
Wiki User
∙ 16y ago
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How can one purchase an annuity?
You need to decide what type of annuity you want to purchase a fixed annuity are for the conservative investor the rate of return is lower. With a variable annuity gives choices of where to invest and amount of payment. A finical advisory will be very helpful to the decision process.
What is the business process in Life Insurance?
By name, process are: -New Business- receiving policy applications for new policies -Policy Underwriting- when an insurance company accepts a policy -Renewal - -Death Claims -Agent Management, bonuses and commissions payment Items for Cash Value Life Insurance (when it is an investment) -Top Up, aka Sub Payments - Paying more into your policy -Partial Surrender - taking money out of your policy -Surrender - taking it all out -Customer Service - administrative changes like change of address, esp non money items -Annual Reports -Letters Output- sending email to policy holders -Annuity payment -Fund switching
Work in process current assets?
yes work in process is current account and shows inventory of those items which are in process of manufacturing in factory.
Does pending mean they already took the money out of the account?
yeah...pending in banking means that transaction is in process whether it is a credit or debit on an account.
How does one go about opening an IRA retirement account?
Opening an IRA retirement account is a fairly easy process. You need to go to your local bank's branch and specifically designate a savings account for this purpose.
How do you turn in a mature annuity?
To surrender a mature annuity, you typically need to contact the insurance company or financial institution that issued the annuity. They will provide you with the necessary forms and instructions to initiate the surrender process. Keep in mind that surrendering a mature annuity may result in surrender charges or tax implications, so it's important to understand the terms of your contract before proceeding.
How can one purchase an annuity?
You need to decide what type of annuity you want to purchase a fixed annuity are for the conservative investor the rate of return is lower. With a variable annuity gives choices of where to invest and amount of payment. A finical advisory will be very helpful to the decision process.
What is the name of the process apple farmers use to produce the type of apple tree they want?
apple farmers use a process called grafting
What is a process farmers used by farmers in dry climates to help their crops grow in the fertile soil?
Irrigation
What were farmers contributions to evolution?
The process of artificial selection.
What is the acounting process?
accounting process is a system account
What are the two types of account data needed to process a payment?
Vendor Account, Bank Account
What is the process in which farmers shave wool from animals called?
It is called shearing.
What is the process by which banks record whose account gives up money and whose account receives money?
Check clearing is the process that banks utilize to record the account that the money originates from as well as the account the money is received at.
What is the work in process account used in job costing?
The work in process account acts like a holding account for the costs of products while they are in the process of being built or assembled. So, as pieces are added or labor is used to create a product, those costs are added to the work in process account. The work in process account is an asset on the balance sheet. The purpose of the work in process account is to comply the accounting principle of matching expenses with revenues. If the work in process account was not used the cost of components and direct labor would be expensed in one financial period and the sales revenue could possibly be recognized in a different period. That could be misleading to potential investors or creditors.
Weakness in the presidential election process in 1796 what does this flaw reveal about the farmers?
The weakness in the election process is that the president and vice president would be elected from different parties and this flaw reveals that farmers aren’t completely into the president.
When farmers brees only his or her best livestock the process involved is?
Artificial selection
