0
What else can I help you with?
What are these describes a variable annuity?
A variable annuity is a type of insurance product that allows investors to accumulate assets on a tax-deferred basis and offers a range of investment options, typically including mutual funds. The value of the annuity can fluctuate based on the performance of the chosen investments, hence the term "variable." It often includes features such as a death benefit and the option for guaranteed income in retirement. Typically, variable annuities also come with fees and charges, which can impact overall returns.
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.
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.
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.
What is the best way to describe variable annuity?
A variable annuity is a type of insurance product that allows investors to accumulate savings on a tax-deferred basis, with the potential for investment growth linked to the performance of various underlying assets, such as mutual funds. It typically includes options for periodic payments during retirement, providing a stream of income. However, the value of the annuity can fluctuate based on market conditions, making it a riskier choice compared to fixed annuities. Additionally, variable annuities often come with fees and charges that can impact overall returns.
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.
What type of annuity typically utilizes mutual funds Variable indexed fixed secure?
A variable annuity typically utilizes mutual funds. In this type of annuity, the policyholder can choose from a range of investment options, including mutual funds, to determine how their premiums are invested. The returns on a variable annuity can fluctuate based on the performance of the selected investments, making it a riskier option compared to fixed annuities.
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 type of annuity utilize mutual funds?
The type of annuity that utilizes mutual funds is known as a variable annuity. In a variable annuity, the policyholder can allocate their premiums among various investment options, typically mutual funds, which allows for potential growth based on market performance. The returns can vary depending on the performance of the selected investments, making it different from fixed annuities that offer guaranteed payments. Variable annuities also often include features like death benefits and living benefits, which can add to their complexity.
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.
