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Whether you lose your annuity upon remarriage depends on the specific terms of the annuity contract and the type of annuity. Generally, most private annuities do not get canceled or forfeited simply because you remarry. However, certain government or pension-related annuities may have provisions that could be affected by marital status. It's essential to review the terms of your annuity and consult with a financial advisor or the issuing company for guidance.
What else can I help you with?
Can you lose money with an annuity?
Yes, it is possible to lose money with an annuity if the investments within the annuity perform poorly or if there are high fees associated with the annuity.
Can you lose money in an annuity?
Yes, it is possible to lose money in an annuity if the investments within the annuity perform poorly or if there are fees that reduce the value of the account.
Can you lose money on an annuity?
Yes, it is possible to lose money on an annuity if the investments underlying the annuity perform poorly or if fees and expenses outweigh the returns.
Can you lose your money in an annuity?
Yes, it is possible to lose money in an annuity if the investments within the annuity perform poorly or if there are fees and penalties associated with early withdrawals.
Can your deceased husband's annuity be taken away when you remarry?
If you are the primary beneficiary and there are no provisions stating that the funds end when you remarry then no. If the estate is the beneficiary and it states in the documents that you will stop receiving payment upon remarrying then yes. Carefully review all documents as well as contact the annuity carrier for clarification on this.
Will you lose your deceased husbands retirement if you remarry?
There is a great chance that you will you lose your deceased husbands retirement if you remarry. States handle this issue differently.
In the state of mass will you lose your child support if you remarry?
no
What percentage of money is lost when someone opts for an annuity settlement?
People lose about $100,000 each year by annuity settlements, so don't get a settlement or you will lose your money and you don't want to lose your money do you?
What is the type of annuity in which the cash values are invested in securities?
This type of annuity would be a variable annuity. There are no guarantees on your interest and you may lose some or all of your principle. They do have the ability to grow at higher rates when the markets are up.
Can you lose money on an annuity account?
Absolutely. HOWEVER, it depends on the type of annuity and the decisions you make. Annuities are great, but too complex for one simple answer. "can" you lose money? Yes. Will you? Depends on what you get and what you decide to do with it. "can" annuity insure you don't lose money? Depends on what you get and what you decide to do with it. A tv personality who says annuities are always bad and a sales hype that says annuities are always good are both wrong.
Will I lose MY pension if you remarry I am a widow?
I am a policemans widow will I loose my widows pension if i re marry
When buying an annuity do you lose your initial investment?
When you purchase an annuity, you typically do not lose your initial investment outright. Instead, the funds are converted into a series of future payments or income streams, depending on the type of annuity chosen. However, if you withdraw your money before a specified period, you may face surrender charges or penalties that could reduce your total return. It's important to understand the terms and conditions of the annuity contract before investing.
