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It depends on the type of annuity and how your payouts are calculated. There are several different methods.
You do have the option of naming a beneficiary on your annuity, and with certain types of payout options that beneficially could receive the money in your annuity when you die. Other options just pay out during your lifetime, and the payments stop when you die.
What else can I help you with?
What happens when a company goes under?
When a company goes under, it means that the company is unable to pay its debts and is forced to close down. This can result in job losses for employees, financial losses for investors, and the company's assets being sold off to pay creditors.
How can you find out if you have an annuity owed to you?
To find out if you have an annuity owed to you, start by reviewing any financial documents or contracts you may have related to retirement accounts or insurance policies. You can also contact your previous employers or financial institutions to inquire about any outstanding annuity payments. Additionally, check with state unclaimed property offices, as they often hold unclaimed assets, including annuities. Lastly, consider consulting a financial advisor for assistance in tracking down any potential annuity payouts.
Is a fixed annuity invested in only bonds?
A fixed annuity is invested with the insurance co who then invests in a variety of things. All you need to worry about is that with a fixed annuity it is all guaranteed and there is zero risk. Currently you can get a guarantee of 6% interest for 10 years at a period of time when banks and the FDIC are failing and the market is down. Insurance companies are your safest bet as they know how to manage risk.
What is the full form of mbo?
Management Buy Out. The management team operating a company may believe that they can run the company better than the existing owners, usually a holding company. So they offer to buy the company from the owners in the belief that it is worth more to them than it is to the owners. Often happens when the owners indicate that they want to sell or close the company down.
What is variable annuity and there sub-accounts?
A variable annuity is a contract with an insurance company that guarantees payments for life. Variable annuities include the option to invest in a wide variety of different asset classes known as subaccounts which can consist of different stock and/or bond portfolios. The payments from a variable annuity can fluctuate up or down based on the performance of the assets held in the subaccounts chosen. Variable annuities can offer different payment guarantees based on the terms of the contract. For example, if the purchaser of a variable annuity thinks there is a risk of poor performance in the subaccounts chosen it is possible to receive a guarantee of a minimum income payment in return for the payment of a fee. The benefit of investing in a variable annuity is the opportunity for growth in the benefit payment if the underlying subaccounts perform well. By contrast, investors in a fixed income annuity have the security of a guaranteed payment for life or a fixed period of time but may suffer due to a loss of purchasing power. Diversification is one of the golden rules of investing which is why many financial advisers recommend putting some of your money into both variable and fixed income annuities.
Why don't you close www answers down?
The company is not ready to close the answers website down. On this type of website, as long as people are still asking questions, the company will not close down the website.
Did any Indian company close down?
Yes
What would happen to the future value of an annuity if interest rates fell in later period's?
Your annuity will decrease in value as your interest earned would decrease, which would just continue to snowball because that would make your principal value less even further down the road, causing your annuity to devalue even more.
What happen if the business didn't have the aim and objectives?
the bussiness would have to close down
When did the NASA space center close down?
NASA is still a working company.
What problems might a public limited company face as a catering business?
close down
How can I calculate immediate annuity rates?
Yes, there are several sites online in which you can calculate immediate annuity rates. One of which is www.immediateannuities.com. This particular site requires you to enter information from drop down menus and type-in prompts in order to calculate an annuity quote.
Is there going to be a Kingdom Hearts for the Xbox 360?
No not even close that will never happen sorry if that brought you down
What are the Accounting requirements for a close company?
You will need to learn how to bring down a set of books (accounting books)did you mean a clothing company or a company that is closing down, basic accounting consists of being able to balance the books with the assets and liabilities.
What happen in deglutition?
Your epiglottis come down to close the respiratory tract. The food bolus is pushed back to enter the oesophagus.
What are long term effects of earthquakes?
Business's' close down, transport links can close, people die, utility line are down, fires? (I'm relating mine to the 1995 Kobe earthquake but most of these happen in other earthquakes)
Is National Semiconductor in Suzhou close down?
Yes, it will close down this year....this month (June 2009) 50% of production will be cut down! It's nice to work in NSCZ....but we can't fight our jobs if it's a corporate decision that can help recover the company's business....
