0
Generally speaking, an annuity company's guarantees are as safe as the company. Every state's insurance department monitors the assets of those companies that are doing business in their state to make sure that they'll be able to meet their obligations. As far as I know, American Equity is a legit company but check with your state's department of insurance/annuities to make sure they are approved to sell annuities in your state.
What else can I help you with?
When did American Society of Equity end?
American Society of Equity ended in 1934.
When was American Society of Equity created?
American Society of Equity was created in 1902.
Cost and benefits of debt financing and equity financing?
benefit of debt and equity financing
What does post tefra in an annuity mean?
Post-TEFRA in an annuity refers to the regulatory framework established by the Tax Equity and Fiscal Responsibility Act (TEFRA) of 1982, which affects the tax treatment of annuities. Specifically, it delineates how certain tax rules apply to variable annuities and how they may impact taxation of investment gains, distributions, and the treatment of policy loans. Post-TEFRA regulations ensure that certain tax advantages of annuities are maintained while also imposing restrictions to prevent abuse of tax deferral benefits.
What does American Equity mean?
"American Equity, if described as the equity of the United States, would be the value of the country's assets compared to the amount of debt which exists."
What kind of products does american equity provide?
"American equity is a financial investment business. They provide stocks, bonds, loans, and credit services. Online banking is also offered through this company (american equity)."
How does an equity indexed annuity differs from other annuities?
It differs from other annuities in the fact that it follows a market index. Usually the S&P 500. The amount of interest you earn is not fixed, but can vary depending on market conditions. You can enjoy gains from the stock market, but take minimal losses.
What government policy pursues the goal of equity?
providing welfare benefits
What is the symbol for American Equity Investment Life Holding Company in the NYSE?
The symbol for American Equity Investment Life Holding Company in the NYSE is: AEL.
What kind of equality is not guaranteed by democracy?
Democracy does not guarantee equality of income, or equality based on ethnicity or gender, or equity of people’s control over their lives.
What government policy pursued the economic goal of equity?
providing welfare benefits
In what year did American Equity Investment Life Holding Company - AEL - have its IPO?
American Equity Investment Life Holding Company (AEL)had its IPO in 2003.
