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What else can I help you with?
How long would it take for your annuity to double at a 6 percent investment gain?
12 years.
Can you take a loan from an annuity?
Yes, but not directly. An annuity is a stream of payments paid to some entity for some limited period of time (there are lifetime annuities which are known as perpetuities). One has the following two options for unlocking the value of an annuity: * Sell the annuity - receive the present value of all future payments right now in a single lump-sum - you will NOT have to pay it back, however, you will not receive any more annuity payments * Get a loan - offer the payments as security on a personal loan - the bank will ask you to redirect the payments of the annuity to their bank and either (1) directly use future payments to pay the loan payments or (2) keep future payments accumulated in a trust to guarantee that the loan gets fully paid.
What is the formula for double growth annuity rate?
It is called the rule of 72. You take the interest rate you will be receiving and divide that number into 72. the answer will be the number of years it will take you to double your money at that interest rate.
What is the definition of annuity?
According Wiktionary, which is public domain, annuity can take on the following meanings: A specified income payable at stated intervals for a fixed or a contingent period, often for the recipient’s life, in consideration of a stipulated premium paid either in prior instalment payments or in a single payment. For example, a retirement annuity paid to a public officer following his or her retirement. The right to receive such an income. The duty to make such a payment or payments.
How do you compute the present value factor of an annuity due?
well, you take a look at the % (aka the estimated rate) and the number of periods you'll be paying the anuity and look it up on this table. For example if the rate is 8% and you'll be paying 20 periods the number is 10.6036. take 10.6036 and multiply that by the payment and you should find the present value of your annuity due. right that table could be found here... http://www.principlesofaccounting.com/ART/fv.pv.tables/pvforannuitydue.htm
How long should I expect an annuity payout to take if I retired in January of 2010?
You can annuitize with an Immediate Annuity to take income now. Here's some info on that consumerboomer.com/should-you-annuitize-immediate-annuity-income
How long does it take for a wikianswers WIT application to process?
It usually takes one business day to process WIT applications. If you apply on Friday, Saturday, or Sunday, your application will be processed on Monday.
How long will it take to process your trade financing application at DBS?
Applications will be processed within the same day it they are submitted by 4 p.m. Filling out the online application will allow the application to he processed faster.
How long would it take for your annuity to double at a 6 percent investment gain?
12 years.
How long will it take to process a New Zealand Citizenship?
You can apply for citizenship after being in New Zealand for 5 years. Once you have filled in an application form for citizenship, it should take 1 - 2 months for them to process the application, and send you a letter if your application has been accepted or not.
You are 62 years old and have farmers annuity plus sep IRA and must have all funds from account now how do you begin process how long will it take to receive funds and what is surrender charge?
Contact the company that issued the annuity and discuss with them, there is no 'set' amount or time, this is a company/policy specific question.
Who reviews your online jobs application and how long does the process usually take?
Generally, someone in Human Resources will review job applications, including those made online. As for how long the process may take, that will differ from one company to another.
What is the process of applying for a fiance visa for your fiance in Mexico and how long will it take before you can bring him here legally?
Application Procedures: Bringing a Fianc
How long does it take for a Fafsa application to process?
FAFSA-It takes 48 hours to process your application and 2-3 weeks to finalize it. (send it to the school(s) listed.) School's-5-6 weeks for the Financial Aid Office to post your award(s).
How long does it typically take to receive a driver's license after passing the required tests and completing the application process?
The time it takes to receive a driver's license after passing the required tests and completing the application process varies by state, but it typically ranges from 1 to 4 weeks.
Can you take some money out of the annuity from citi and then put it back with in 60 days?
Only if the annuity is an IRA or Roth IRA. A non-qualified annuity does not have this rule.
How long does the sole proprietorship registration process usually take?
The registration process duration varies by jurisdiction. It can range from a few days to several weeks, depending on the local government’s efficiency and the completeness of your application.
