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No, you annuity payment should have been fixed up front.

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16y ago

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What are some annuity settlement options available?

With this option, the insurer pays annuity income benefits for a specified period of time (e.g., 10 or 20 years). The stated period over which the insurer will make the benefit payments is called the period certain. Even if the annuitant dies during this period, it will not affect the income benefit payments. When the period certain ends, so do the payments.


What is an annuity do?

What is a life annuity?A life annuity provides a regular income stream. You will enjoy a steady stream of income for life along with the security that you will never outlive your money. You'll never have to worry about market fluctuations or other investment management decisions. How does an annuity work?You simply deposit a lump sum of money and receive a guaranteed income stream for life. This income can also be guaranteed for a specified period of time in case the annuitant or annuitants die pre-maturely.What are the factors that affect annuity rates?GenderYour age (and for joint cases, your spouse's age)Current bond interest ratesLump sum amount used to purchase the annuityTypes of funds used, either registered or non-registeredThe length of time the payments are guaranteedDeposit and income start datesCalculate your Annuity at LifeAnnuities.com


Will My Payments Increase In Between The Term Of The Lease?

No. Your payments are locked in for the complete term of the lease. However, in case the tax rates increase, then on that way it will affect your payments.


How do car payments affect credit score?

Car payments can affect credit scores positively if they are made on time and in full, showing responsible borrowing behavior. However, missing payments or defaulting on a car loan can lower a credit score significantly.


How do you get a co-buyer off of a car loan if they are in default?

You don't. If the cobuyer has possession of the vehicle and is no longer making payments, you as the buyer may take possession and either take up and make current the payments, or voluntarily surrender the vehicle. Failure to do so will result in repossession, and will adversely affect your credit.

Related Questions

What do you call an annuity where the payment interval is not the same as the interest compounding period?

An annuity where the payment interval differs from the interest compounding period is called a "variable annuity" or more specifically, it can be referred to as an "annuity with unequal payment periods." In this type of annuity, the payments may be made annually, semi-annually, or quarterly, while the interest may be compounded at a different frequency. This discrepancy can affect the total return and the effective interest rate of the annuity.


What are some annuity settlement options available?

With this option, the insurer pays annuity income benefits for a specified period of time (e.g., 10 or 20 years). The stated period over which the insurer will make the benefit payments is called the period certain. Even if the annuitant dies during this period, it will not affect the income benefit payments. When the period certain ends, so do the payments.


If you own more than one property and you are foreclosing the other property how will it affect the property that is still current on payments?

There will be no affect to the house with the current payments. Even if they are with the same lender. But it will hurt your credit badly...at least for 4 years.


Which type of annuity pays an amount per year to you and your spouse until the last one dies?

A joint annuity with a survivors benefit. However you purchase the joint annuity first. The payout procedure doesn't actually take affect until you would decide to annuitize the annuity. This is beneficial because if the first spouse passes away before the annuity is annuitized (set up for lifetime payments) the living spouse has the ability to receive it as a single payout annuity giving them a larger payment each month.


What is an annuity do?

What is a life annuity?A life annuity provides a regular income stream. You will enjoy a steady stream of income for life along with the security that you will never outlive your money. You'll never have to worry about market fluctuations or other investment management decisions. How does an annuity work?You simply deposit a lump sum of money and receive a guaranteed income stream for life. This income can also be guaranteed for a specified period of time in case the annuitant or annuitants die pre-maturely.What are the factors that affect annuity rates?GenderYour age (and for joint cases, your spouse's age)Current bond interest ratesLump sum amount used to purchase the annuityTypes of funds used, either registered or non-registeredThe length of time the payments are guaranteedDeposit and income start datesCalculate your Annuity at LifeAnnuities.com


Which areas of current research do you think are going to have the greatest impact in the next ten years and how will that research affect current problems?

computers


Can you become a pilot if you have a past brain tumor but no current problems or damage?

yes as long as it does not affect you


Can you avoid taxes on an inherited annuity?

No, in Australia, America and most of Europe there are certain taxes that affect inherited annuities.


Does an electric current affect weight?

No, an electric current does not affect weight.


Will My Payments Increase In Between The Term Of The Lease?

No. Your payments are locked in for the complete term of the lease. However, in case the tax rates increase, then on that way it will affect your payments.


How do car payments affect credit score?

Car payments can affect credit scores positively if they are made on time and in full, showing responsible borrowing behavior. However, missing payments or defaulting on a car loan can lower a credit score significantly.


How do you get a co-buyer off of a car loan if they are in default?

You don't. If the cobuyer has possession of the vehicle and is no longer making payments, you as the buyer may take possession and either take up and make current the payments, or voluntarily surrender the vehicle. Failure to do so will result in repossession, and will adversely affect your credit.