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.
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.
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.
there are two types of annuities including fixed and variable
There are three types annuities including fixed, indexed, and variable.
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.
the rate of return on purchase payments will vary based on the performance of the chosen investment options.
The rate of return on purchase payments will vary based on the performance of the chosen investment options.
Fees are higher in a Variable annuity than they are in say a fixed Index Annuity.
Tranamerica is an insurance company that offers variable annuity. Their yield depends on the situation of the person. If a person qualifies for annuity.
variable 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.
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.
A variable annuity is beneficial in an economy such as ours now. That way, when interest rates rise (however many years that will take), your annuity will also be at a higher rate.
Annuity Life is a contract of insurance between you the buyer and the seller. Variable Annuity Life is a company that covers retirement groups for schools, colleges and Health care.
A vanguard variable annuity is a low-cost, no surrender fee, deferred variable annuity.You have to pay an initial fee of around $5,000 to start it up.
The Allianz variable annuity is good for anyone wanting to prepare for their future or protect their retirement. A Allianz annuity is great for market growth and deffered taxable income.