Sentences with phrase «like other annuities»

These annuities... like all other annuities... are used to provide income at retirement though they are not so restricted.

A variable annuity, like ALL other annuities, offer a guaranteed payment of income for the life of the annuitant (who may be different from the contract owner).

Like other annuities, you'll get tax - deferred earnings with the ability to access your features.

A variable annuity, like ALL other annuities, offer a guaranteed payment of income for the life of the annuitant (who may be different from the contract owner).

Not exact matches

My change of thinking came with the advent of lower cost annuities from firms like Vanguard, TIAA - CREF and others.

In the case of an annuity held in an IRA or similar account, the distributions will all be subject to tax just like any other traditional IRA distribution.

RIAs know there are lots of products other than annuities to choose from, though none are quite like annuities so insurers have to make a case for how RIAs can use annuities to complement a retirement portfolio.

How do other sources of cash flow like employer pensions, annuities and home equity fit in?

On the other hand public service pensions are protected against inflation - if you wanted an equivalent defined contribution pension, annuity rates are actually quite a bit lower than that - more like # 350 - # 400 per # 10K.

Many are also licensed to sell other products, like insurance and annuities.

The Brighthouse Guaranteed Income BuilderSM deferred income annuity, like all annuities, is an insurance product and is not insured by the FDIC, the NCUSIF, or any other government agency, nor is it guaranteed by, or the obligation of, the financial institution that sells it.

A deferred income annuity, like the Brighthouse Guaranteed Income Builder, SM may be a good way for you to secure future guaranteed, lifetime income1 that can be used to supplement your other retirement income sources.

Develop strategies for dealing with outdated 401K and other investment accounts, while providing techniques to replace expensive and inefficient investments like variable annuities

* All Santander Investment Services Balances with the exception of: Annuities held at Mass Mutual, All State, Phoenix, Ohio National; Immediate Annuities or Annuities that have become Annuitized; Insurance Products with the exception of certain products held directly with a product sponsor (e.g., insurance, annuity, mutual fund, 529 and other like product sponsors).

It also allows exemptions for other traditional retirements like pensions and retirement annuities.

Mutual fund pension schemes are different from annuity plans or any other options which are used for retirement planning, like the NSC, PPF and tax - saving FDs.

In a retirement - planning context, you would want to save enough so that drawing on 4 % of your retirement portfolio each year would supplement your other retirement income, like Social Security benefits or annuity or pension payments, to cover your projected retirement budget.

To fully understand annuities, the first important aspect to note is that, just like other insurance products, regardless whether we're talking about convertible term life insurance, whole life insurance, universal life insurance, etc., annuities are a contract between the policy owner and the insurance company.

Like other types of cash value life insurance policies which allow policy loans, most annuity contracts allow owners to borrow against the annuity contract's accumulated cash value.

Like life insurance policy loans, loans secured by annuity cash value do not have to be repaid, and this means that they are subject to taxation just like any other «discretionary» distribution that is by definition NOT an annuitized paymLike life insurance policy loans, loans secured by annuity cash value do not have to be repaid, and this means that they are subject to taxation just like any other «discretionary» distribution that is by definition NOT an annuitized paymlike any other «discretionary» distribution that is by definition NOT an annuitized payment.

Just like tax free exchanges of «like kind» real estate under section 1031 of the I.R.S. Code and other exchanges of life insurance under section 1035, annuities may also be exchanged without taxation subject to some very important rules.

On the other hand, income annuities are used to create steady guaranteed income — like a pension — that lasts your entire life.

Brighthouse Financial fixed annuities, like all annuities, are insurance products and are not insured by the FDIC, the NCUSIF, or any other government agency, nor are they guaranteed by, or the obligation of, the financial institution that sells them.

Cannex estimates the annuity market in Canada at $ 1.4 - billion a year which may sound like a lot but is tiny compared to the monies invested in other financial vehicles.

Which, unfortunately, leaves you — and others like you who might wonder whether an annuity should be part of their retirement portfolio — in the middle, unsure whose advice to follow.

If, on the other hand, assured income sources like Social Security and pensions will likely cover all or most of your essential expenses, then an annuity might be superfluous.

Unlike other common retirement vehicles like 401ks, there is no limit on how much you can contribute to an annuity.

Your indexed annuity, like other fixed annuities, also promises to pay a minimum interest rate, even if the index - linked interest rate performs lower.

When annuities are placed within an IRA, they become products like any other investments that you have.

A variable annuity, on the other hand, is subject to more risk, akin to other market based investments like stocks, bonds and mutual funds OR real estate investing.

Assuming good health and normal prospects for a long life, Milevsky and others see annuitizing at least partially by age 85, keeping in mind some pensions and enhanced CPP and OAS benefits deferred under 70 also act like inflation - indexed annuities.

In other words, an individual who thinks he / she is in the 33 % bracket, but is actually facing a 35.2 % rate (thanks to the impact of PEP and Pease), would simply plan accordingly — tax deferral becomes a little more valuable, effective asset location matters a bit more, using an annuity for tax deferral is a little more appealing, and income - acceleration events like Roth conversions become somewhat less appealing.

Three fund options - 100 % government securities, 100 % debt (other than government securities), maximum 50 % equityMinimum fixed contribution of INR 500 per month / 6, 000 per annumFixed retirement age is 60 yearsAnnual fund management fees and other flat charges are lowTaxes like securities transaction tax, dividend distribution tax, etc. that normally apply while transacting in securities are not applicable for NPSOn retirement, you get back up to 60 % (taxable) and the balance needs to go towards purchasing an annuity planYou need to withdraw 10 % each year.

To steal the words of Jeff Guo, writer for the Washington Post: «If people irrationally fear annuities because they seem like a gamble on one's own life, history suggests that they irrationally loved tontines because they see tontines as a gamble on other people's lives.»

Some like the idea of getting a monthly check for the interest earned every month while their initial investment still benefits from all the other annuity features.

Just like the other types of annuities, these will grow tax - deferred, which means that you won't see taxes until you start paying out the annuity.

Like some other investment vehicles used to fund retirement, annuities come in two varieties, qualified and non-qualified.

To fully understand annuities, the first important aspect to note is that, just like other insurance products, regardless whether we're talking about convertible term life insurance, whole life insurance, universal life insurance, etc., annuities are a contract between the policy owner and the insurance company.

Like all other permanent life insurance products, there is a cost for the insurance protection that is part of owning an annuity.

Traditional investments, such as bonds, and other insurance products, like annuities, may offer more stable and straightforward, if less sexy, sources of income in your retirement years.

Tax deferral: Like all other forms of annuities, variable annuities grow on a tax - deferred basis.

Farmers» products and services include home insurance, auto insurance, mobile and manufactured home insurance, condominium and renters insurance, specialty home insurance such as seasonal homes, landlord & rental properties, and vacation homes, and flood insurance via the National Flood Insurance Program; motorcycle insurance; life insurance including term & universal life insurance; recreational insurance like insurance for boats, RVs, ATVs, and travel trailers; business insurance for small and medium - sized businesses like property and liability insurance, commercial auto and workers compensation insurance for apartment and commercial property owners, condominium homeowner associations, artisan contractors, offices, religious organizations, educational and non-profit organizations, and other businesses in the light manufacturing, service, retail, restaurant, wholesale, and auto service & repair industries; and financial services and products, like variable annuities and mutual funds.