Sentences with phrase «certain types of annuity»

It is important to understand that certain types of annuity contracts may be deemed inappropriate for certain types of consumers.

Finally, the fees that go along with purchasing certain types of annuities can eat up a significant part of your earnings.

I've long believed that certain types of annuities can often play a valuable role for people in or nearing retirement by providing guaranteed lifetime retirement income regardless of what's going on in the financial markets.

Not exact matches

The final DOL regulation «unfairly targets certain types of fixed annuity products, making it harder for Americans to purchase fixed indexed annuities when it is in their best interest to do so,» he said, adding that «this legal challenge is necessary because the rule creates an unworkable standard for independent agents and insurance companies and goes far beyond DOL's authority.»

These will either be severely restricted or prohibited: Higher priced, more complex products that have issues of liquidity and lack of transparency, such as non-publicly traded REITs, variable annuities, proprietary products or limited partnerships of certain types.

They've been getting a lot more attention lately, however, because the U.S. Treasury Department issued rules last year that make it easier and more attractive to buy a certain type of longevity annuity within retirement accounts such as 401 (k) s and IRAs.

Immediate annuities are the least common type of contract and only suitable in certain situations.

Period certain annuity — This type of immediate annuity guarantees that the contract pays out for a certain period of time.

Thus, the only type of annuity that allows the insurance company to keep the undistributed balance of the investment when the owner passes away is a lifetime immediate income annuity account with no period certain.

* Tax deferral offers no additional value if an annuity is used to fund a qualified plan, such as a 401 (k) or an IRA, and may not be available if the annuity is owned by a «non-natural person» such as a corporation or certain types of trusts.

It also may not be available if the annuity is owned by a «non-natural person» such as a corporation or certain types of trusts.

On the contrary, I've long believed that in certain situations the right type of annuity can play a legitimate role in a retirement portfolio.

Annuities charge a number of different types of fees, along with penalties for certain withdrawals, so make sure the benefits you are receiving outweigh the costs.

These include life insurance and annuities, as well as certain types of health insurance.

This type of immediate annuity pays the annuitant for a designated number of years (i.e., a period certain) and is used to fund a need that will end when the period is up (for example, it might be used to fund the premiums for a term life insurance policy).