Sentences with phrase «annuity type»

Explore the potential benefits and considerations of annuity types to help you decide whether an annuity suits your financial goals.

All annuities are for this simple purpose, so the differences between annuity types present themselves in three important ways.

All annuities are for this simple purpose, so the differences between annuity types present themselves in three important ways.

The fees and expenses on a variable annuity contract can be quite steep when compared to other types of market based investments (and even other annuity types).

Different annuity types provide transfer of risk benefits through these contractual guarantees.

Several annuity features can be combined with the basic annuity types.

Long term care, or sometimes called confinement care, coverage can be solved for with some specific annuity types.

He was a little shocked that I came in that high, but as I reminded him, a lot of people are looking for annuity type guarantees and transfer of risk benefits.

I'm attempting to provide an objective description of the various annuity types, explain what situations they may be useful for, and some risks to consider with the product.

It's somewhat predictable that the majority of annuities (over 80 %) sold are these 2 long term surrender charge annuity types.

Once you've chosen your preferred annuity type, you can also choose to add an additional benefit (for an extra fee).

Requirements and fees will vary based on annuity type and contract specifics, so make sure to read any annuity contract carefully.

The fees and expenses on a variable annuity contract can be quite steep when compared to other types of market based investments (and even other annuity types).

There are many different annuity types and various choices for each, so if you are considering this route, carefully assess your choices.

Not every feature can be combined with every basic annuity type.

This popular knee - jerk comment is a good marketing strategy if you are trying to convert annuity assets to a fee - based platform and is an easy response for advisers not interested recommending specific annuity types in lieu of their master of the universe market growth strategies.

Annuities were put on the planet to provide a guaranteed lifetime income stream, and until the first variable annuity structure was introduced in 1952, it was the only annuity type available.

1600s — European governments started to use annuity type strategies to pay for wars and public works type projects.

But unlike with fixed and income annuity types, you're responsible for deciding how the money you apply to the contract is invested — typically from among a variety of underlying funds as well as fixed account investment options provided by the contract.

They also offer annuity type products for those in pre-retirement or retirement, which can be effective in long term financial planning side - by - side to a life insurance product.

Annuities can be a useful tool in wealth management and financial planning, but because there are different types, you need to understand how each works to determine which annuity type may be best suited for you.

A set of pros and cons for one annuity type is often completely different when analyzing benefits and features of other types.

Whether it's a pension (if you're so fortunate), Social Security, or an annuity type that provides income, contractually guaranteed lifetime payments are needed by a majority of Americans.

Not every annuity type is right for every person and there are different restrictions on each.

SPIAs provide the highest contractual guaranteed payout of any annuity type if you need the income stream to start right away.

This annuity type often provides a guaranteed minimum interest rate.

The oldest form of an income annuity is still the best and provides the highest contractual payout of any annuity type.

Basis the need and requirement, you may choose the annuity type out of immediate annuity or deferred annuity pension plan.