Sentences with phrase «annuity at a given interest rate»

Everyone should be able to calculate the value of a non-contingent annuity at a given interest rate.

Not exact matches

As interest rates rise, RIAs should be giving a serious look at fee - based annuities as client bond portfolios lose value, according to some insurance company managers.

If you know how much you plan to invest each year and the fixed rate of return your annuity guarantees — or, for loans, the amount of your payments and the given interest rate — you can easily determine the value of your account at any point in the future.

If you are undecided about whether or not to buy an annuity, because you feel that interest rates will eventually move higher, or you are not quite ready to give up control over your investments, you could consider rolling the RRSP into a RRIF at retirement and then later on, if rates go up, or if you simply become tired of managing your own money, you can transfer the funds from your RRIF into an annuity.

Fixed annuities give you the chance to earn more on your money at a competitive, fixed interest rate.