answersLogoWhite

0

Companies such as Prudential, Met Life, Fidelity, and Merrill Edge all pay fixed annuities. Fixed annuities are typically utilized by those who are retired or are about to retire.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What tools are available online to help a consumer compare the annuities offered by fixed or variable investment products?

There are some companies that offer online services which allow you to compare the annuities offered by investment products. Some of the most common ones are Ameriprise and Barron.


How beneficial is a transamerica variable annuity?

Transamerica variable annuities are some of the most common available from this company. Transamerica does offer fixed annuities as well, though they offer.The Transamerica family of companies is your resource for fixed and variable annuities, mutual funds, and life insurance


What are some of the best investments with the best fixed annuities for a 10,000 investment?

annuityinvestmentguide.com is a great way to help guide you through choosing.


What are variable annuities?

ING variable annuities are annuities offered by the company ING which have variable rates of return. This is in contrast to fixed annuities which offer some sort of guaranteed rate of return over the life of the contract.


What are ING variable annuities?

ING variable annuities are annuities offered by the company ING which have variable rates of return. This is in contrast to fixed annuities which offer some sort of guaranteed rate of return over the life of the contract.


Where can one find a fixed index annuity?

Both Nationwide and Aviva provide fixed index annuities and these are indeed fixed, and do not vary with inflation. Although some would say that fixed index annuities are hedging your bets, in today's economic climate it would be seen as sound.


What rates do annuities pay?

Rates vary, the best fixed annuity right now as of 9/23 is 3.8%, but indexed annuities can give you some great results.


What are some examples of fixed income products available in the market?

Some examples of fixed income products available in the market include government bonds, corporate bonds, certificates of deposit (CDs), and fixed annuities.


Advantages and Disadvantages of a Fixed Annuity?

Fixed annuities offer a low risk investment option with a very reliable and steady income. Unfortunately, when dealing with investments, low risk typically means a lower rate of return, which is absolutely true of fixed annuities. However, the draw of a guaranteed income is enough to make a fixed annuity part of many peoples' retirement portfolios.Advantages of a Fixed AnnuityA unique feature of fixed annuities is principal protection. While other investments carry the risk that you will lose some of the money that you put in, fixed annuities provide the guarantee that you will get back any funds that you invested, regardless of the current market.Another advantage of fixed annuities is inflation protection. Annuities are designed to provide income starting at the time of retirement and continue to provide income for the remainder of the retiree's life. In addition to this advantage, a fixed annuity also comes with inflation protection. That is, these annuities are designed to keep up with the rate of inflation. These benefits are especially important in retirement, when individuals are living on a fixed income.Disadvantages of a Fixed AnnuityWhile fixed annuities offer guaranteed returns and other advantages, there are some drawbacks preventing them from always being the wisest investment option. The first disadvantage a new customer would likely notice is the annuity fees. Users are charged relatively high fees to maintain their accounts, which negatively impacts the amount of money that is made on such an investment.Another drawback to fixed annuities is their limited options and limited earning potential. This investment option is designed to be safe and guaranteed. Unfortunately, this limits the number of options available to invest in. Additionally, this impacts the rate of return compared to other investments.Although there are disadvantages to using fixed annuities for investment purposes, they are a safe way to ensure some amount of retirement income. As such, it is important to balance the pros and cons of this type of investment when developing a retirement portfolio.


Are annuities backed by state or federal governments?

ARE ANNUNITIES BACK BY THE STATE GOVERNMENT OR SOME OTHER INSURSNCE COMPANIES. sjs


How do you use annuities in a sentence?

Here are some sentences.Their annuities paid them dividends.Everyone contributed to their annuities.


What Are Some Good Things About Fixed Annuities Rates?

Fixed annuities rates means that the amount of interest a person owns downs not go up or down. As the term annuity also suggests, the interest on these funds is paid out yearly. Although these funds are an investment, it is also necessary for a person to shop around to secure the best rate. Technology can help a person skip this step, if he goes to the right site, but it is still best compare several sites to see if the rates quoted actually match from company to company. Fixed annuities rates generally are offered on fixed rate annuities, although including this information is something most people will find insulting. Annuities are usually bought through an insurance company. An investor put in an initial, usually large amount, and receives payments at a later date or at a series of specified dates. Before the annuity matures, the insurance company can invest it to make sure a person gets a larger payment at the end. The idea is that these payments can help a person get through a tough time or use the money as a retirement strategy. While fixed annuities rates will never go up, there is another side to the rates. The rates can never go down on the annuity either. Annuities are a good choice for someone who has a large sum of money he does not need immediately. The sum can help get him through his golden years. What a person does with the money is up to him. He can even choose to consolidate it with the companies that help a person get all the money from their structured settlements or annuities. Fixed annuities rates do change from year to year, but only when they are purchased. Once a person puts his money in this type of insurance policy, it will earn interest at this rate until it matures. When the policy matures, it no longer earns interest unless a person puts the money into another fund that bears interest. For many people, the idea is to use this money to cover their living expenses.