Sentences with phrase «for annuity companies»

«Protracted low interest rates and high volatility in the stock market have made it far more expensive for annuity companies to support their products.»

Not exact matches

Revenues for insurance companies include premium and annuity income, investment income, and capital gains or losses, but exclude deposits.

Buying an annuity — a lump sum you pay to an insurance company in exchange for a lifetime income — is the ultimate hedge against longevity.

The insurance company made the change after discovering it had miscalculated reserves for a Japan - based annuity product, a mistake in termed a «material weakness» in financial reporting controls.

For insurance companies, revenue includes premium and annuity income, investment income, realized capital gains or losses, and other income, but excludes deposits.

Sanders could make her investment dollars stretch a lot further if, for instance, she took the amount she has invested in a VALIC annuity — valued at roughly between $ 75,000 and $ 427,000 — and rolled it over into an IRA managed by a low - fee company like Vanguard, says Murrieta, Calif., financial planner Scott Dauenhauer.

However, having the government sell annuities could make sense if you believe Canadians need to ensure against longevity risk (point 7) but the fees that insurance companies charge for these products are too high (point 6).

[31] Therefore, from June 9, 2017, until January 1, 2018, insurance agents, insurance brokers, pension consultants and insurance companies will be able to continue to rely on PTE 84 - 24, as previously written, [32] for the recommendation and sale of fixed indexed, variable, and other annuity contracts to plans and IRAs, [33] subject to Start Printed Page 16917the addition of the Impartial Conduct Standards.

Ken's personal finances For many years, Fisher Investments was bullish on a major annuity insurance company.

The premise behind an immediate annuity is simple: You invest a lump sum of money with an insurance company (although you would actually do so through an adviser, a broker or insurance agent) and in return you receive a guaranteed monthly payment for life regardless of how the financial markets perform.

The new Guaranteed Income for Tomorrow, or GIFT, annuity will be distributed through direct response solicitation via Prudential's Group Insurance business, the company said.

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.»

Despite a difficult year for variable annuity sales, Jackson National pretax 2017 operating income rose 3 percent to a record $ 2.9 billion over 2016, the company reported Wednesday.

Prudential Financial built its first fixed indexed annuity for financial advisors but the company might also sell it through independent marketing organizations.

The report: The life and annuity industry is a slow - growth proposition and company managers need to hunt for higher returns by rethinking business models by rearranging like Lego blocks distribution, underwriting or customer service components of their companies.

Fifty - eight indexed annuity providers, 52 fixed annuity providers, and 60 MYGA companies participated in the 82nd edition of Wink's Sales & Market Report for 4th Quarter, 2017.

Meanwhile, traditional VAs, or unit - linked annuities with or without guarantees, last year accounted for 18 percent of the company's new business premium, down from 22 percent in 2015, the parent company said.

The SEC has inquired about payments that MetLife failed to make for people who receive a type of annuity benefit from the company via its retirement business.

Annuities give you certainty of income for the remainder of your life though once you've paid your money in you can't withdraw any of that capital: it's now the property of the life company that has issued the annuity.

And what benefits the insurance company may not necessarily benefit the variable annuity investor, said Loffredi, senior product manager for annuity solutions.

Get an estimate for guaranteed income payments you can receive through a fixed income annuity (guarantees are subject to the claims - paying ability of the issuing insurance company).

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.

The last thing insurance companies want is for agents selling variable annuities to be hobbled by cost disclosure and the rule that they have to think of the client first.

With an annuity, however, you enter into a contract with an insurance company to pay a certain amount for the rest of your life, giving you the peace of mind that comes from knowing your income will never run out.

You pay for the annuity (through a lump sum or through payments over time) and the insurance company invests your money.

The insurance company assumes the risk for FIAs and the consumer assumes the risk with variable annuities.

With an income annuity, you give the insurance company a lump sum in exchange for a guaranteed stream of income.

Fixed annuities are contracts in which the insurance company makes fixed dollar payments to the annuitant for the term specified in the contract, usually through the lifetime of the annuitant.

A fixed annuity is a contract with an insurance company that allows you to accumulate assets for the future.

Before you settle on an annuity, check the life insurance company's financial rating to ensure that they'll be around for the long - haul.

Voya executives say during the quarterly earnings call that the company will have to drop its annuities before seeing if the individual life business is viable for Voya.

For an insurance company, the appeal of a tontine - style product is that you get rid of two big risks of selling an annuity.

Bob MacDonald, founder of LifeUSA, writing in Forbes, defines an annuity as a long - term contract between a buyer and an insurance company that allows the accumulation of funds on a tax - deferred basis for later payout in the form of a guaranteed income, the core strength being the safety the guarantees.

In lieu of soliciting competitive bids or issuing a request for proposals, the program administrator may authorize the purchase of annuity contracts under the optional retirement program from those companies currently selected by the department to offer such contracts through the State University System Optional Retirement Program, as set forth in s. 121.35.

Parent Involvement in the School Program 2112.00 Parent Involvement Plan 2112.00 R1 Part - Time Classified Employees 6335.00 Part - Time Employees 6325.12 Payroll Deductions - Tax Sheltered Annuities 3921.00 Payroll Deductions - Tax Sheltered Annuities 3921.00 R1 Payroll Deductions - Tax Sheltered Annuities Approved Companies 3921.00 R3 Payroll Deductions - Tax Sheltered Annuity Deduction Agreement 3921.00 R1E1 Payroll Deductions - Tax Sheltered Annuity Requirements for all Vendors 3921.00 R2 Payroll Deductions - Tax Sheltered Life Insurance 3922.00 Performance Contract (Memorandum) 7116.30 E4 Performance Contract (Memorandum) 6222.10 E4 Performance Contract - $ 1,000 or less 7116.30 E2 Performance Contract - $ 1,000 or less 6222.10 E2 Performance Contract - over $ 1,000 not more than $ 5,000 6222.10 E3 Performance Contract - over $ 1,000, not more than $ 5,000 7116.30 E3 Performance Contract - Procedures 7116.30 R1 Performance Contract - Procedures 6222.10 R1 Performance Contract - Wage / Payment & Vendor / Contractor Determination 7116.30 E5 Performance Contract - Wage / Payment & Vendor / Contractor Determination 6222.10 E5 Performance Contracts 6222.10 Performance Contracts 7116.30 Personal Leave - All Employees 6225.00 R3 Personal Property Authorization 3934.00 E1 Personal Purchases by Employees 3872.00 Personnel Files 6410.00 Personnel Files 6410.00 R1 Petty Cash Purchase 3820.00 Physical Assaults and Threats 5610.00 Physical Examinations 6430.00 Physical Examinations 6430.00 R1 Positive Behavior Supports 8400.00 R1 Positive Behavior Supports and Interventions 8400.00 Post-Issuance Compliance for Tax Exempt and Tax Advantaged Obligations 3510.00 Post-Issuance Compliance for Tax Exempt and Tax Advantaged Obligations 3510.00 R1 Probationary Classified Employees 6343.00 Procedure for Workers» Compensation Insurance 6223.60 R1 Professional Staff Evaluation 6192.00 Program Evaluation 0540.00 R1 Program Evaluation 0540.00 Prohibition of Referral or Assistance Property Claim Form 3934.00 E2 Property Inventory 3220.00 Property Inventory 3220.00 R1 Proposed Guidelines for the Provision of Sex Education 7122.40 Public Complaints or Concerns 9600.00 Public Complaints or Concerns 9600.00 R1 Public Complaints or Concerns - Guidelines 9600.00 E1 Public Information Program 9120.00 Public Information Program 9120.00 R1 Public Records 8310.00 R1 Public Records 9110.00 Public Records 9110.00 R1 Public School Academies (Charter Schools) 2020.00 Public School Academies - Review and Approval of Application 2020.00 R1 Purchasing 3810.00 R1 Purchasing 3810.00 Purchasing - Department Responsibilities 3810.00 E1 Purchasing Cards 3810.00 R14

On a traditional fixed annuity, the issuing company declares an interest rate in advance for a class of policies, and the company then credits that declared interest rate to them.

Check with your advisor about a Bankers Life Insurance Company fixed annuity today or check out our available products for more information.

Prospectuses for variable annuities issued by a Brighthouse Financial insurance company, and for the investment portfolios offered thereunder, are available from Brighthouse Financial.

Contribution to annuity plan of LIC (Life Insurance Corporation of India) or any other Life Insurance Company for receiving pension from the fund is considered for tax benefit.

Unlike a deferred annuity, an immediate annuity has no accumulation period — an investor simply pays the insurance company a lump sum, and then receives the stream of payments for the set time period.

With an annuity, you pay an insurance company up front in exchange for a promise that they pay you a set amount for the rest of your life or for however long the contract specifies.

A life annuity is an arrangement in which you hand an insurance company a lump sum of money and the company guarantees to pay you a given amount for as long as you live.

You may also be offered the choice of buying an annuity, a product sold by life insurance companies that provides guaranteed income for life in exchange for a lump sum.

If they want to leave an estate behind for a spouse or loved ones, don't go with a lot of annuities since the capital stays with the insurance company when the annuitant dies.

An equity indexed annuity is an insurance product offered by insurance companies that, for exchange of your money, will link the performance of your annuity to some type of underlying market index like the S&P 500, Dow Jones, Gold, etc..

Since independent agents work with multiple insurance companies, your agent can compare products and look for the best annuity for you with the most advantageous return rates.

Annuities are a contract between an individual (or business) AND an insurance company that is entered into for various purposes which include providin...

A life insurance company which might sell her an annuity would guarantee payouts, provide protection against civil claims and could, if she chooses that option, guarantee a minimum number of payments to her three grown children, or anyone else for that matter, even if Hilda were to die very soon.

An annuity is financial contract in which an investor pays a lump sum of money to an insurance company in return for a series of future payments.

Annuity: Money is paid (usually to an insurance company) to someone who invests the money for a set period of time and then pays money to the annuitant (the one receiving the annuity) when he / she reaches a certain age.