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Annuities

Annuities are financial products designed to grow an individual’s funds and later, upon annuitization, to distribute payments back to the individual over a specified period of time. It is mainly used to secure a steady flow of cash during retirement.

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How do you file for retirement from Farmer Jack's?

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contact human resources at farmer jacks

What is an annuity rate and whats mine?

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An annuity rate is basically the rate at which you will pay a fixed amount to someone, usually when referring to insurance. In order to know your own rate, you will need to check the contract you signed, or at least call the company or person you are paying.

What is a gold medallion signature gaurantee?

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Gold medallion signature guaranteeA gold medallion signature guarantee is a method of proving that a signature is valid. It is somewhat like getting your signature notarized, except that there are fewer places that can give a medallion signature guarantee and the liability (if the signature turns out to be invalid) of the institution giving the guarantee is greater than for a notary.

If you need to get a medallion signature guarantee to validate your own signature, many banks and securities firms offer the service.

You can try your Federal Credit Union, if you are a member of one, that is where I got mine. Be prepared for the process to take a bit longer than an ordinary notarization.

Medallion signature guarantees are normally only available at banks, you must have a signature card on file with the bank in order for the signature to be verified.

If you win Powerball and take annuity payments and then you die will payments pass on to your family?

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It depends on how the annuity is set up. If it is x dollars for a specific number of years, the asset can be willed to someone. You may even have to fill out a beneficiary form when you do the paperwork for the annuity. If it is x dollars for as long as you live, there is nothing to will them once you are dead.

What is an annuitant?

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An annuitant is the recipient of an annuity.

What is variable annuity?

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A Transamerica Variable Annuity is a fixed system of payment, based on a minimum monthly payment, that ensures payment to individuals during and after retirement.

What describes annuity?

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The rate of return on purchase payments will vary based on the performance of the chosen investment options.

Can I cash in an annuity?

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What is considered a covered product?

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annuity other than group annuity