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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.

849 Questions

What is an immediate annuity calculator?

An immediate annuity calculator will help determine your income when your annuity comes due. Find a reputable place to help plan your future. www.fidelity.com is a good place to reserach.

What is immediate annuity and what is it used for?

An immediate annuity is something that will give you a stream of income for life. You can purchase them from insurance companies. They are great because even if you live to be 120 years old you will still get payments.

What is an annuity payout?

An annuity payout is cash recieved from an annuity that you build through investment. There are several types of annuity payouts, such as the Life option, which pays retirement based on your life expectancy, and a Joint-life option that pays for you and your spouse.

Annuity payments are fixed payments made out over a specific amount of time. These days there are companies that can offer you a lump sum settlement on your fixed annuity payment that you recieve if you wish to have all your money now.,

Are annuities a better investment than Certificates of Deposit?

Annuities may be a better investment than a Certificate of Deposit. The interest rate paid on an annuity is typcially higher than that paid on a Certificate of Deposit (CD). However a Certificate of Deposit is easier to set up - just visit your local bank. When the time comes to cash out a CD is also easier to close.

Are there any tax advantages to having a cash settlement instead of installments?

When you take a monetary payout in installments, especially in an annuity (yearly installments) you must pay taxes on each installment. While this wouldn't be a problem for a monthly payout, taking a lump sum payout on an annuity means you only have to pay taxes once on it.

Typically a cash settlement will be less than the total of the installments. The advantage is that you have the money all at once. Of course you'll have to pay taxes on it if the settlement isn't exempt from taxes.

What is the largest annuity payout possible?

Annuities with the Highest Immediate Annuity Payouts and the Highest Annuity Interest Rates available. Immediate Annuities, Fixed Deferred Annuities www.jdsannuities.com/

The largest annuity payout possible is about 50% of your investment. You must get really lucky and you should understand investments comes with risk.

Which fixed annuities pay the best for investments?

Fixed annuties are guaranteed to drop below a preset or fixed return on your investment. They are usually tied to the stock market. For a review of different type of annuities check out www.bestfixedannuity.info/

Fixed annuities that have the highest rates are the ones that will pay the most.and that have no withdraw or surrender charges. All of these factors are to be considered when looking for the best returns paid.

What are some important things to know regarding annuity payments?

Important things to know are how much you are being charged and the amount you can expect. Also, you may want to know how long the payments will last and if they are taxable.

Who would benefit from a fixed annuity?

Fixed annuities have a guaranteed interest rate for a set time period. So, if interest rates go up and you are locked into a rate you are the loser. But the reverse can also work, if rates are high and rates go down, the annuity has to pay you the rate for the life of the time period. So, either the person or financial group could be the loser depending upon what happens to interest rates.

How does a cash annuity settlement work?

A cash annuity is usually work by the person receiving the annuity is getting a montly fund which can pre-taxed or you will have to take the taxes out every year. Many people do not like the monthly so they try to sell it order to get a lump sum.

What is the definition of a "diverse investment"?

It's making sure you invest in a diverse group of stocks. You need to also at least choose a company that has a wide range of products.

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.

I have a retirement annuity that I cant touch for 12 more years. how do I get cash from it now?

I think you can sell it to someone else for current value and tranfer it to them.

What is an annuity settlement?

An annuity settlement is a payment to an individual for a settlement, typically from an insurance claim.

It's basically any type of settlement for legal suit or other such cases.

What is structured annuity?

A structured settlement annuity is an agreement where an insurance company will pay an individual the predetermined amount of money over a finite period of time.

What are the current rates for Fixed Annuity in Omaha, NE?

fixed annuity rates effective from 4-15-09 can be found at http://www.rasberryagency.com/images/MofORates.pdf

I would like know how I can get money out of my annuity?

Ther is probably a penalty involved, but most annuities will allow you to draw 10-15% for emergency without penalty. You should ask your provider about this.

What is the free look provision in a Deferred annuity?

The free look provision in a deferred annuity allows the policyholder a specified period, usually ranging from 10 to 30 days, to review the contract after purchase. During this time, the policyholder can cancel the annuity without penalty and receive a full refund of any premiums paid. This provision ensures that the buyer has the opportunity to assess the terms and conditions of the annuity before fully committing. It provides a safeguard against buyer's remorse and promotes transparency in the financial product.

When is nonqualified annuity earnings subject to income tax?

Nonqualified annuity earnings are subject to income tax when the funds are withdrawn or distributed. Since contributions to nonqualified annuities are made with after-tax dollars, only the earnings portion of the withdrawal is taxable. Additionally, if the annuity is surrendered or annuitized, taxes apply to the gains. The tax is typically calculated using the "last-in, first-out" (LIFO) method, meaning that earnings are considered to be withdrawn before the principal.

What is the toll free phone number for Peachtree Financial Solutions?

The toll free phone number for Peachtree Financial is 855-658-6791.

How to Get Cash for Your Annuity?

There are a couple of ways to get cash for your annuity. You can contact the company and ask to cash out. Another option is to hire an attorney and get the annuity that way.

How do you sell your annuity?

You can visit a company like mystructuredsettlementcash to sell annuities and structured settlements. They have lists of buyers to take over your annuity payments.