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There are many types of fixed annuities and they may all vary. In general an annuity is a contract between you and an insurance company. You agree to put funds into the annuity and they guarantee that your funds will grow at a certain rate, as determined usually yearly, for a certain period of time. Once that time passes and when you are ready to withdraw your funds plus any growth the insurance company agrees to pay you that amount of money either in a lump sum, systematic withdrawals, or over a period of time or for your lifetime.
What else can I help you with?
How safe is your 403-B annuity with AIG?
How safe is TSA 403 (b) Fixed annuity? Is TSA 403 (b) Fixed annuity insured ?
What is a fixed income annuity?
A fixed income annuity is a type of insurance contract where the insurance company makes payments of a preassigned amount to the holder of the annuity, the annuitant.
Is a variable annuity a good 403B investment?
Fees are higher in a Variable annuity than they are in say a fixed Index Annuity.
What are the current rates for Fixed Annuity in Omaha, NE?
fixed annuity rates effective from 4-15-09 can be found at http://www.rasberryagency.com/images/MofORates.pdf
What type of annuity pays you a flat interest rate?
A tax deferred fixed annuity pays a flat interest rate.
How safe is your 403-B annuity with AIG?
How safe is TSA 403 (b) Fixed annuity? Is TSA 403 (b) Fixed annuity insured ?
What is a fixed annuity?
A fixed income annuity is a type of insurance contract where the insurance company makes payments of a preassigned amount to the holder of the annuity, the annuitant.
What is a fixed income annuity?
A fixed income annuity is a type of insurance contract where the insurance company makes payments of a preassigned amount to the holder of the annuity, the annuitant.
How safe and secure is an AIG annuity that pays 4 percent fixed per year?
It is as safe as AIG is. No fixed annuity has ever lost any money, but bottom line, AIG backs the fixed annuity
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.
Is a variable annuity a good 403B investment?
Fees are higher in a Variable annuity than they are in say a fixed Index Annuity.
What are fixed annuities comprised of?
A fixed annuity is an annuity that pays a fixed amount of interest, defined by the terms of the contract. It is comprised of the money that you put in and the interest the insurance company provides in exchange.
Should I choose an annuity fixed?
If you would rather have a slower, but more stable growth then annuity fixed is for you. Fixed annuities also offer tax-deferral which increases the speed your money grows.
What are the current rates for Fixed Annuity in Omaha, NE?
fixed annuity rates effective from 4-15-09 can be found at http://www.rasberryagency.com/images/MofORates.pdf
Fixed Annuity Calculator?
Oh, dude, a fixed annuity calculator is like a tool that helps you figure out how much money you'll get from a fixed annuity investment. It takes into account factors like your initial investment, interest rate, and payout period. So, if you're into crunching numbers and planning for the future, give it a whirl!
What is annuity unit?
Annuity Unit is fixed sum payable to the Annuitant under the options offered and chosen by him.
What are the terms of borrowing against a fixed annuity?
You will need to ask your annuity provider what their terms are to get a loan against the annuity. There may also be some penalties.
