Sentences with phrase «common types of annuities»
Explore the options below to learn more about each of the most common types of annuities and evaluate which type may suit your individual financial objectives.
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Explore the options below to learn more about each of the most common types of annuities and evaluate which type may suit your individual financial objectives.
While the most common type of annuity offers fixed payments for life, you can also get a «variable annuity» that offers the possibility of increasing payouts if stock and bond markets perform well.
In Canada the most common type of annuity is the life annuity, which is normally purchased by persons at their retirement age with tax - sheltered funds or with savings funds.
Not exact matches
Immediate annuities are the least common type of contract and only suitable in certain situations.
Keep in mind, there are other types of annuities as well, but these are some of the most common.
Pension plans, or annuities, are a type of retirement plan, but they are not the same thing as a 401 (k), an IRA, or other, more common retirement plans covered above.
The indexed annuity is a type of fixed annuity that calculates interest payments based on upward and downward movements in common indexes such as the S&P 500 Index.