Sentences with phrase «issues other annuities»
Jackson issues other annuities with similar features, benefits, limitations, and charges.
https://www.jackson.com/
Jackson issues other annuities with similar features, benefits, limitations, and charges.
Not exact matches
A fee included in some annuity contracts that compensates the insurer for the risks it assumes in issuing the contract, such as the cost of death benefits, expenses of other insured income guarantees, and administrative costs.
In a report issued Tuesday, Warren said the responses from the firms «reveal a widespread practice of offering agents kickbacks in exchange for promoting certain annuities» and other products, and that «such kickbacks are effectively concealed from customers.»
The benefits to be provided to program participants must be provided through contracts, including individual contracts or individual certificates issued for group annuity or other contracts, which may be fixed, variable, or both, in accordance with s. 403 (b) of the Internal Revenue Code.
The prospectus, which contains this and other information about the variable annuity, can be obtained from the insurance company issuing the variable annuity, or from your financial professional.
Under the terms of our annuity contracts currently being issued, if the annuity contract is owned by an individual other than the annuitant, no death benefit is payable in the event of the annuitant's death.
A fee included in some annuity contracts that compensates the insurer for the risks it assumes in issuing the contract, such as the cost of death benefits, expenses of other insured income guarantees, and administrative costs.
The 1099 - R, however, is issued to report the distributions you receive from a pension, annuity, IRA, insurance contract and other retirement accounts.
There are plenty of other issues you need to consider if you decide to buy an annuity.
One other issue behind supporting a retirement annuity as a solution to our financial needs as retirees involves figuring out who's going to offer these products.
The main issue, then, for you and any other retiree or near - retiree considering an annuity, is whether you actually need more guaranteed retirement income than the amount you're already scheduled to receive from Social Security.
A fee included in some annuity contracts that compensates the insurer for the risks it assumes in issuing the contract, such as the cost of death benefits, expenses of other insured income guaranteees, and administrative costs.
Posts focus on key legal issues related to ERISA fiduciary rules, 403 (b) contracts, annuities in 401 (k) plans, and other retirement products and services.
United of Omaha Life Insurance has itself been issuing policies since 1926, and its current offerings include a number of life insurance options, fixed annuities, and other insurance and financial services products.
The other thing to remember with annuities is that although they're designed to provide guaranteed income, that guarantee is based on the claims - paying ability of the issuing insurance company.
Finally, it's worth noting that the economics of a life settlement are really quite similar to that of an annuity (where the company on the other side of the transaction «profits» when the annuitant dies sooner rather than later), where again there are no institutions that issue annuities acting to hasten the demise of an insured.
In annuity / pension plans issued by LIC or any other private insurance companies, the investment amount would differ based on the age of the pensioner.