Sentences with phrase «guaranteed stream of income for»

Since they offer a guaranteed stream of income for a multi-year period, annuities are the most common term life insurance payout option.

Provides a guaranteed stream of income for a period of time selected by the policy owner (often for life)

Not exact matches

The terms and prices of variable annuities were much better before the financial crisis, but the rationale for a contract that guarantees an income stream while allowing for some participation in potential growth in the investment markets remains intact, according to Mark Cortazzo, senior partner at Macro Consulting Group.

You can do the same for your retirement with an income annuity, which can provide a steady income stream guaranteed for life or a specified number of years.

Because buying an income annuity means trading a portion of your retirement savings for a guaranteed income stream, it's important to make sure you have money available for emergencies and contingencies.

You could buy a 5 - year MYGA, for example, for a lump sum payment of $ 75,000 that's currently sitting in a low - interest savings account, to guarantee a steady stream of income for the next five years.

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

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

They are unique in that they can help provide peace of mind for people looking for a guaranteed stream of income in retirement that they won't outlive.

And when you're ready to retire, you have a wide variety of options to guarantee that income stream for as long as you need - even for the rest of your life.

Around that same time, Competitive Power Ventures, where Peter Galbraith Kelly, Jr. oversaw government relations, was seeking to obtain a power - purchase agreement from New York, which would have guaranteed «a significant and long - term stream of income» for a power plant the company was building in Orange County, according to the complaint.

For these teachers, the current system produces a positive result, one in which they can retire in their mid-to-late 50s and feel secure knowing they have a steady stream of income, adjusted for inflation, guaranteed to last their entire lifetiFor these teachers, the current system produces a positive result, one in which they can retire in their mid-to-late 50s and feel secure knowing they have a steady stream of income, adjusted for inflation, guaranteed to last their entire lifetifor inflation, guaranteed to last their entire lifetime.

After all, these teachers would qualify for a guaranteed stream of pension income every month upon retirement if they stay just one more year.

Once simply viewed as a safe way to guarantee a lifetime stream of income, fixed annuities have emerged as a balanced instrument that offers the potential for wealth accumulation.

ForeCertain is a single - premium income annuity, which in basic terms means it's a product that converts an amount of savings into a guaranteed income stream based on three things: when you want the income to start, how long you want it to last — for a set period, your lifetime, or a combination of the two — and if you want the income alone or jointly with another, typically a spouse.

Annuitization is the process of turning a lump - sum of savings into a stream of steady income, guaranteed to last a number of years or for life.

Of course, tax deferral is still available as a contractual structure that can guarantee a return on investment as an income stream for a set contractual period of timOf course, tax deferral is still available as a contractual structure that can guarantee a return on investment as an income stream for a set contractual period of timof time.

For that matter, even if you don't need an annuity's guaranteed income stream from a strictly financial standpoint, you could consider putting some money into an annuity for the greater sense of security and well - being in retirement that research shows guaranteed income can engendFor that matter, even if you don't need an annuity's guaranteed income stream from a strictly financial standpoint, you could consider putting some money into an annuity for the greater sense of security and well - being in retirement that research shows guaranteed income can engendfor the greater sense of security and well - being in retirement that research shows guaranteed income can engender.

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

The Personal Income BenefitSM feature allows for a guaranteed steady stream of withdrawals that will continue throughout your retirement, regardless of market volatility, inflation, or even how long you live.

In exchange for a single payment or multiple payments into an annuity, the insurance company agrees to pay a guaranteed stream of income.

You can do the same for your retirement with an income annuity, which can provide a steady income stream guaranteed for life or a specified number of years.

Because buying an income annuity means trading a portion of your retirement savings for a guaranteed income stream, it's important to make sure you have money available for emergencies and contingencies.

Guaranteed Retirement Income Options — You may elect to convert your contract value into a stream of income using one of several available options, including an income option that provides monthly payments forIncome Options — You may elect to convert your contract value into a stream of income using one of several available options, including an income option that provides monthly payments forincome using one of several available options, including an income option that provides monthly payments forincome option that provides monthly payments for life.

For instance, if you opt for a life annuity, you, or you and your spouse or common - law partner, can be guaranteed a specific income stream regardless of how long either of you surviFor instance, if you opt for a life annuity, you, or you and your spouse or common - law partner, can be guaranteed a specific income stream regardless of how long either of you survifor a life annuity, you, or you and your spouse or common - law partner, can be guaranteed a specific income stream regardless of how long either of you survive.

A DIA is the only way for an individual to purchase a future stream of guaranteed income — like that offered by pensions and Social Security — by him or herself.

A contract with a life insurance company that provides a guaranteed stream of income payments for a fixed period of time or life (or both) beginning at a specified date years in the future.

Thus, all annuities have an annuity start date (ASD) which is when the income stream that is guaranteed for a specified period of time begins (based upon when the sum of money is «converted»).

These types of annuities will offer their holders a fixed income stream — and, for those who choose the lifetime income option, they can offer a guaranteed income for the remainder of the individual's life, no matter how long they live.

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

FIAs offer the opportunity for tax - deferred growth based in part on changes in a market index, plus the option to convert your annuity into a steady, guaranteed, lifetime income stream, all while protecting your hard - earned principal from the uncertainty of market volatility.

The option of a guaranteed stream of income when the time is right for you (age restrictions and other conditions apply)

Guaranteed Income Turn your assets into a steady stream of income payments that will last for as long as you want, or as long as youIncome Turn your assets into a steady stream of income payments that will last for as long as you want, or as long as youincome payments that will last for as long as you want, or as long as you live.

The heart of the issue is that annuities offer guaranteed income while stocks may go up or may go down and are thus not dependable for a steady stream of income — something many retirees need and / or MUST have.

For a Deferred Income Annuity, this is the date chosen by the owner for the start of the guaranteed stream of income paymenFor a Deferred Income Annuity, this is the date chosen by the owner for the start of the guaranteed stream of income payIncome Annuity, this is the date chosen by the owner for the start of the guaranteed stream of income paymenfor the start of the guaranteed stream of income payincome payments.

For over eighty year, Social Security has provided Americans like you with a stream of guaranteed income that gives certainty in retirement and makes budgeting easier.

For individuals and families, RetireReady One offers a basic death benefit and the ability to annuitize the contract to provide a guaranteed stream of income.

No matter how shaky the economy gets... how unpredictable the stock market is... an annuity can give you a guaranteed income stream for the rest of your life.

In a world where (unless you work for a government agency — police, nurses, teachers, government employees etc.) the guarantees of a corporately sponsored retirement income stream have virtually gone the way of the dodo bird.

One of the most appealing benefits of an annuity is the option for a guaranteed lifetime income stream.

These tools provide a stream of guaranteed lifetime income payments for later in retirement, no matter what happens with the rest of your savings during the coming years.

Portfolio Strategies A Pseudo-Life Annuity: Guaranteed Annual Income for 35 Years Investors can virtually guarantee a lifetime stream of income for their retirement years by creating a ladder of zero - coupon Treasury Income for 35 Years Investors can virtually guarantee a lifetime stream of income for their retirement years by creating a ladder of zero - coupon Treasury income for their retirement years by creating a ladder of zero - coupon Treasury bonds.

This is because an annuity can provide a guaranteed stream of ongoing, lifetime income for as long as a person lives.

They are unique in that they can help provide peace of mind for people looking for a guaranteed stream of income in retirement that they won't outlive.

One reason for this is because annuities can provide the ability to obtain a guaranteed lifetime income stream — regardless of how long a person lives.

The sole purpose of an annuity is to convert a lump sum payment (or series of payments) into a stream of income that is guaranteed for set period of time (usually the life of the contract owner or another chosen person referred to as the annuitant).

Buyers give up control of their money in return for an income stream guaranteed by the company who sold them the annuity.

This could be less than half of what you expected if you annuitize an annuity (trade the market value for a stream of guaranteed lifetime income).

For the uninitiated, an annuity is a long - term contract between an individual and an insurance company which guarantees that in exchange for a lump - sum premium or a series of premiums the insurance company will guarantee an income stream that can last for a certain number of years — or even for an entire liFor the uninitiated, an annuity is a long - term contract between an individual and an insurance company which guarantees that in exchange for a lump - sum premium or a series of premiums the insurance company will guarantee an income stream that can last for a certain number of years — or even for an entire lifor a lump - sum premium or a series of premiums the insurance company will guarantee an income stream that can last for a certain number of years — or even for an entire lifor a certain number of years — or even for an entire lifor an entire life.

Most of these co-branded credit cards come with an annual fee, which banks can see as a guaranteed revenue stream for loyal customers with higher - than - average income.