Sentences with phrase «guarantee of lifetime»

Do you want the whole life guarantee of a lifetime benefit, or the shorter - term benefit of a term life policy, which costs less per year?

In return for the guarantee of lifetime income you also typically give up access to your principal, which means you would no longer be able to dip into the money you invest in an immediate annuity for emergencies and such.

A longevity annuity is similar to an immediate annuity in that you hand over a portion of your savings to an insurer for the guarantee of lifetime monthly payments, but there's an important difference: even though you invest your money now, a longevity annuity doesn't begin making payments until later, often 10, 15 or even 20 years in the future.

A longevity annuity works much like an immediate annuity in that you turn over a portion of your savings to an insurer for the guarantee of lifetime monthly payments.

The upshot, though, is that unless you're willing to take on more investing risk — which also means accepting the possibility of running through your money while you're still alive — it's very unlikely that you can match an immediate annuity's guarantee of lifetime payments, which includes that extra bit of income that mortality credits provide.

For example, in return for the guarantee of lifetime payments, you typically give up all or most of your access to the savings you've invested in the annuity, which means you may no longer be able to dip into that money for emergencies or unexpected expenses or leave it to your heirs.

In higher education, tenure is an iron - clad guarantee of lifetime employment except for very egregious causes.

By 2018 all current teachers who have earned tenure will no longer have this benefit, which offers due process rights in the event of dismissal or demotion — not a guarantee of a lifetime job.

The 2010 law requires districts to reimagine their talent - management and educator - support systems by requiring annual performance evaluations, ensuring tenure is earned and not the guarantee of lifetime employment, and ending both seniority - based layoffs and the forced placement of teachers into schools where they neither want to be nor fit well.

As per Diane Ravitch in the latter link: «More: tenure is due process, the right to a hearing, not a guarantee of a lifetime job.

Long considered the capstone of a scientific career in China, election to the Chinese Academy of Sciences (CAS) confers so much prestige on those anointed that organizations often try to recruit CAS members or reward their own with a guarantee of lifetime employment.

These become more central precisely because the virtual guarantee of lifetime employment can no longer honestly be given.

For example, in return for the guarantee of lifetime payments, you typically give up all or most of your access to the savings you've invested in the annuity.

«It combines innovative design with sturdiness and the guarantee of lifetime repair,» wrote another reviewer in June 2016.

Not exact matches

The ordinary experience of buying this product is made extraordinary by its lifetime guarantee, allowing customers to feel more comfortable with their purchase.

And then when I watch the trials and tribulations of a business like L.L. Bean, whose good - faith commitment and lifetime guarantees to customers have been shamelessly abused for years by flea market phonies, eBay a-holes and other crafty resale store shoppers, I remember that things become clichés, not because they're pithy phrases, but because they're sadly too true.

The flexibility of being able to withdraw monthly income from a 401 (k) plan or another qualified retirement plan, and then have additional principal available if needed, may far outweigh guaranteed lifetime income, he explained.

Was the lifetime guarantee really a deciding factor in my purchase or any realistic component of the «consideration» for the commerce?

For most investors the primary purpose of their IRA is to provide them a lifetime guaranteed income when they're done working.

Additionally, these unique, fully - insured plans can create guaranteed lifetime income streams of well over $ 100,000 per year.

User reviews on Amazon are mostly positive with verified purchasers raving about the lifetime guarantee and the ease of use.

At age 70, she gets lifetime income guaranteed for the rest of her life.

When you purchase this type of annuity, your future income amount is guaranteed to increase on each contract anniversary for a set period of time or until your first lifetime withdrawal, whichever comes first.

Fortunately, the type of annuity you're asking about — an immediate annuity — is (by annuity standards at least) the easiest to understand and, to my mind the type with the greatest potential for helping people who want more guaranteed lifetime income than Social Security alone will provide.

Fixed index annuities (FIAs) provide the ability to earn interest and create a stream of lifetime income through annuity options or, if offered, a guaranteed lifetime withdrawal benefit (GLWB) rider, while being protected from market loss.

Jim Poolman, IALC's executive director, stated that while the group's litigation is «not disputing that retirement advisors should act in the best interests of their clients,» DOL's rule «will harm millions of hard - working Americans who need the principal protection and lifetime guaranteed income that fixed indexed annuities offer.»

The expense ratio excludes additional fees that would apply if the Return of Premium death benefit rider or Secure Income (Guaranteed Lifetime Withdrawal Benefit) rider is elected.

While 80 % of investors say their adviser discusses risk tolerance, only 50 % say they bring up the subject of guaranteed lifetime income.

American Equity Investment Life Holding Co., a top seller of fixed indexed annuities (FIAs), broadened the appeal of a core product line with the announcement of a new guaranteed lifetime income - focused fixed indexed annuity (FIA) with fee options.

However, permanent life insurance solutions that focus on providing lifetime guaranteed death benefits, such as these, are typically less expensive than other types of permanent life insurance that emphasize savings opportunities.

You can set up a lifetime guaranteed income with the possibility of future growth and something left over for heirs.

Contracts with a lifetime benefit rider have much lower surrender rates than those with other types of guarantees.

Hartford's key problem is the level of the guaranteed lifetime withdrawal benefits.

With a lifetime cap of 5 % and an initial rate of 4 %, you would be guaranteed an upper limit of 9 % regardless of adjustments.

The fixed indexed annuity he recommended also provides a guaranteed lifetime income, so there's no risk of outliving your earnings.

FIAs offer the opportunity for growth and a steady, guaranteed lifetime income stream, while protecting the principal from the uncertainty of market volatility.

IOVAs are variable annuities that do not have lifetime income guarantee features but do have a wide assortment of subaccounts, including alternative options.

The money - back guarantee is good for the entire lifetime of your subscription.

So you can «live» with guaranteed withdrawals for lifetime income and still have the potential to «give» a legacy through death benefit proceeds equal to the amount of premium you invested, subject to the benefit guidelines.

A lifetime annuity is a financial product that guarantees the purchaser a fixed return for the rest of their life.

An income annuity may be the right choice for you if you have a need for guaranteed lifetime income; you know your retirement expenses won't be covered by other income sources, such as Social Security; and you have assets outside of the annuity to cover unexpected expenses.

A variable annuity with optional benefits for an additional charge that combines the growth potential of a wide range of investment options with benefits designed for guaranteed lifetime income † and the opportunity to leave a legacy.

Annuities can offer a variety of options for generating a lifetime of guaranteed income, along with some tax advantages.

lifetime death benefit guaranteed UL market were down by 3 percent compared to second quarter 2010, the products still garnered 43 percent of all UL sales in the first half of 2001.

With uncertainty as a guaranteed constant in the lifetime of a business, implementing robust risk management is a key element of a company's ability to adapt and thrive.

Examples include lifetime guaranteed income riders, critical illness riders, riders that pay for care in event of two of six activities of daily living, and guaranteed rollup death benefits.

Since an annuity is the only financial product that can guarantee lifetime income, more advisors would be focusing on recommending annuities to this segment of clients.

Durham says that, even though there have been some notable carrier exits in this market and second quarter 2011 annualized premium sales in the lifetime death benefit guaranteed UL market were down by 3 percent compared to second quarter 2010, the products still garnered 43 percent of all UL sales in the first half of 2001.

After what seemed like a lifetime of thirty - Year adjustable - rate mortgages, with monthly mortgage payments going up all the time, The «Mortgage Refinance 123» helped me to lock in a great low fixed rate of 3.16 %, helping me to guarantee myself the ability to always make my mortgage payment on time with money to spare.

Dutch ovens are made to last — seriously, Le Creuset has a lifetime guarantee — and can take the heat of the oven and a long simmer on a stovetop.