Sentences with phrase «as an annuity over»

Not exact matches

One way to truly grow your income is to buy more annuities, in which the investor has to pay you annual sums, as well as bonds that will also pay out over time.

First, the $ 650 million jackpot is paid out as an annuity, meaning that rather than getting the whole amount all at once, it's spread out in smaller — but still multimillion - dollar — annual payments over 30 years.

Insurers have released several new fee - based variable and indexed annuities over the past 18 months to appeal to RIAs and the increase in sales of fee - based products should offer some encouragement as the annuity industry struggles to boost sales.

Insurance Agent Fraud: Sometimes insurance agents breach the trust and loyalty of their customers because of the lure of high commissions, causing them to over insure their clients, or sell high commission products they don't need, such as variable annuities.

Many times, the financial advisor who sold the original variable annuity is no longer around to advise a client as to whether it's best to move ahead with surrender, leading to investor confusion over a thorny financial decision, he said.

Over the course of his career, Mr. Maddox has helped create and distribute more than a dozen different mutual fund, variable annuity, and hedge fund complexes for banks, insurance companies, and independent investment advisors, and has served as the chief accounting officer, treasurer, vice president, and president of many of these funds.

Over the next six years, there will be steady growth in deferred income annuities (DIAs), immediate income annuities, and investment - only variable annuities (IOVAs)-- as well as growth in FIAs, the Cerulli analysts predicted.

Or worse yet, see the lump sum payout as the preferred over an income annuity.

If the rate over the 20 years was 8 %, for example, the available tenure payment would be $ 5738, or more than twice as large as the longevity annuity payment.

The payouts from an annuity contract can be made as one lump sum or as a series of payouts over time based on your needs.

If those products, such as mutual funds or annuities, aren't really in your best interest, because they underperform or cost you more money over time...

Orders for fixed income securities and other products such as life insurance and annuities can also be placed over the phone with a Wealth Management Brokerage Services associate.

As an investment product, an annuity is a financial instrument that pays out a sum of money to its owner over the course of a number of years.

As you cut back on work, replace the work income with things like annuities and reverse mortgages that will pay out over time in exchange for a lump payment.

4) The second article went over the value of immediate annuities as risk reducers to retirees, something I commented on recently.

And after the 2008 financial crisis, index annuities were pitched as a way of betting on stock indexes with no risk of loss, a big draw after the U.S. market had lost half its value in a little over a year.

Registered Retirement Income Fund payout rates use rising payouts over time as compared to constant annuity payouts.

Usually I did okay with that, but once I blew it looking over Florida's annuity reserving regulations, where they seemingly allowed for a more lenient reserving table, only to find that the law defined the lenient table as the conservative table, without changing the name in the statute.

So in practical terms how do mortality credits as well as an annuity's guarantee of a steady lifetime payment translate into an edge over simply investing your money and carefully drawing it down?

While the company has traditionally focused on annuity products and is known as one of the nation's premier annuity providers, over the past several years we have successfully developed and introduced an array of traditional life insurance products.

Many people come to own multiple variable annuities over their working careers through various employers» retirement plans, such as the 403 (b) plans of governmental and nonprofit organizations, and 401 (k) plans.

If you have a 403 (b) account, for instance, its value can be rolled over into an IRA, as can a variable annuity held in a 401 (k) or in another IRA.

In my humble opinion as someone who is now debt free (except the mortgage) after having over $ 90,000 of consumer debt, I do not think it is a good idea to invest in a brokerage account, money market, annuity, or any other financial product until your consumer debt is paid off.

Customize as Your Needs Change You can fund your annuity all at once, or gradually over time.

As with an immediate annuity, you turn over a lump sum to an insurer, but you don't actually start collecting income until later in life.

As an annuity owner, you have control over how long the annuity is invested, when you receive benefits and how often you are paid.

But the designs for these policies have largely stabilized over the past five years, due in part to the increased popularity of combination products, such as annuities and life insurance long - term care rider options.

There he said that with a tontine, the total interest paid each year to those within the group stays constant, while with a life annuity, as people die, the total paid out to the group declines over time.

A variable annuity with living benefits leaves you as owner of the account's assets and there may be money left over for your heirs.

Indeed, immediate variable annuities are an odd beast: As with an immediate fixed annuity, you hand over a lump sum to an insurance company in return for lifetime income.

For example, if you've elected to have your account paid out over a fixed number of years, but retain the right to demand an accelerated payment, this ability to accelerate prevents your payments from being treated as received as an annuity.

Before rolling over the proceeds of your retirement plan to an Individual Retirement Account (IRA) or annuity, consider whether you would benefit from other possible options such as leaving the funds in your existing plan or transferring them into a new employer's plan.

As a result, over the last few years, some annuities have been introduced that not only have a set guarantee period but also provide individuals with access to a lump sum cash advance of the future guaranteed payments.

Or how about if over the course of a long retirement now - dormant inflation re-awakens to the point that your annuity payment can no longer cover as much of even your day - to - day expenses as it once did?

Over the years, I've seen all sorts of guidelines and estimates for how much of their nest egg retirees ought to devote to immediate annuities that turn savings into reliable lifetime income, with some suggestions as low as 25 % and others upwards of 80 % or more.

As the case study shows, using the concept of an insured annuity increases the income that you can receive over a GIC strategy.

You can also get cash against future earnings by signing over your annuity to a third party, such as a company that specializes in purchasing annuities.

Of the entire spectrum of financial tools and products that have been available to investors over the last several decades, virtually none of them have been so polarizing as annuities.

For instance, with a tontine, the total interest paid each year to those within the group stays constant, while with a life annuity, as people die, the total paid out to the group declines over time.

Annuities haven't been ideal vehicles in the era of low interest rates but you can partly annuitize now and continue to do so periodically over the years, as rates start to rise to higher levels.

Pfau suggests you think of an annuity as a kind of «superbond» that produces more income more reliably over a lifetime than do conventional bonds.

And even if you eventually decide an annuity is the way to you, you may want to commit your money gradually, say, buying three smaller annuities over a period of a few years rather than investing a single chunk all once, as such a strategy reduces the odds you'll commit all your annuity money when interest rates are at or near a low point.

Ideally, you should commit only a portion of your retirement savings to an annuity and keep the rest in other types of investments, such as stocks and bonds that can grow over time and protect you from inflation.

The beneficiary can then decide whether to receive the money as a lump - sum payment or if he or she would like to roll them over into another annuity that will pay out a regular income.

With fixed deferred annuities, earnings accumulate tax deferred and are not treated as taxable income until they are withdrawn, which gives you a measure of control over when you pay taxes.

With an immediate annuity, you turn over a lump sum to an insurer in return for monthly payment that begin immediately and will continue for as long as you live.

Qualified Retirement Plan rollovers are tax - free transactions in which your balance in a tax - qualified employer - sponsored retirement plan — such as a 401 (k), tax - sheltered annuity 403 (b), or governmental 457 (b) plan — is rolled over to another tax - qualified account such as an IRA.

While a majority of personal injury settlements are paid in a lump sum, a structured settlement is a legal settlement paid out as an annuity — over time — rather than in a lump sum.

While the company has traditionally focused on annuity products and is known as one of the nation's premier annuity providers, over the past several years we have successfully developed and introduced an array of traditional life insurance products.

A common use of a single premium annuity is as a destination for roll - over retirement savings upon retirement.