Sentences with phrase «life annuity contract»

Guaranteed income can be received by the annuitant (i.e., the person whose life the annuity contract is purchased on) over a fixed number of years or for the annuitant's entire lifetime.

This applies whether or not a related dependants» or related nominees» annuity is provided for under the same contract (see later comments on joint - life annuity contracts).

Not exact matches

In addition to the $ 38 million increase in reserves related to group annuity contracts, Brighthouse incurred $ 53 million in «unfavorable reserve adjustments» connected to the company's universal life with secondary guarantees business.

Owners of fixed indexed annuities (FIAs) with guaranteed living income benefit (GLIB) riders are much less likely to surrender their contracts than they were 10 years ago, according to new research based on 3.3 million policyholders.

Rapidly increasing interest rates causing contract holders to surrender life insurance and annuity policies, thereby causing realized investment losses, and reduced hedge performance related to variable annuities;

Steve Utkus: An income annuity is an insurance contract that provides you with a guaranteed income for life.

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.

Note: An annuity can not be exchanged for a life insurance contract.

Variable annuity contracts that contain a living benefit guarantee have lower mortality compared to standard morality tables, the study found.

Preferred Plus variable annuity is a flexible premium fixed and variable deferred annuity issued by Commonwealth Annuity and Life Insurance Company, 20 Guest Street, Brighton, MA 02135: Contract Form # 3039 - 07.

Allianz Life paid out more than $ 2.7 billion in benefits to its policyholders and contract owners via life insurance and annuity payments, up 4 percent from the prior yLife paid out more than $ 2.7 billion in benefits to its policyholders and contract owners via life insurance and annuity payments, up 4 percent from the prior ylife insurance and annuity payments, up 4 percent from the prior year.

While there are many different checkpoints for selecting the right annuity for you, this article presents three key tips that can help get you started by finding the right life insurer, understanding how your contract is protected under the State Guaranty Association, and asking about fees and other sales charges before you buy a contract.For more information, visit the Protective Life Learning Cenlife insurer, understanding how your contract is protected under the State Guaranty Association, and asking about fees and other sales charges before you buy a contract.For more information, visit the Protective Life Learning CenLife Learning Center.

However, we strongly encourage you to seek independent advice when making charitable gifts of annuities, securities, property, life insurance, wills, trusts, contracts and other legal agreements.

When selecting long - term investments for variable annuity and variable life insurance products, many investors choose contracts that offer the funds in the American Funds Insurance Series.

Notably, Eddie D. not only paid the money remaining on his contract (which he was not obligated to do), he also set up an annuity that paid Fuller $ 100K / yr for the rest of his life.

A charitable gift annuity involves a simple contract between you and Tufts Medical Center and Floating Hospital for Children where you agree to make a gift to Tufts Medical Center and Floating Hospital for Children and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

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

Preferred Plus variable annuity is a flexible premium fixed and variable deferred annuity issued by Commonwealth Annuity and Life Insurance Company, 20 Guest Street, Brighton, MA 02135: Contract Form # 3039 - 07.

Assets owned individually by a decedent at death that don't pass to another person by trust (i.e. revocable living trust), contract / beneficiary designation (i.e. life insurance, annuity or 401 (k)-RRB-, or operation of law (i.e. joint tenancy with right of survivorship) may be subject to probate if the applicable threshold is exceeded.

Assets that pass by contract / beneficiary designation such as retirement assets, annuities, and life insurance.

All contract guarantees, including optional living and death benefit riders and annuity payout rates, are backed by the claims - paying ability and financial strength of issuing insurance company.

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.

Thus, in the same way that life insurance companies offer alternatives such as guaranteed universal life insurance, indexed universal life insurance OR variable life insurance, annuity contracts offer similar options.

The AXA Retirement 360SM defined contribution program consists of a custodial account offered through Reliance Trust Company, LLC, within which plan participants» chosen mutual fund shares are held, as well as a group fixed annuity contract (Generic Form Number 2016FA - MFrev, 2016FA - MF403b) issued by AXA Equitable Life Insurance Company («AXA Equitable»).

A variable annuity, like ALL other annuities, offer a guaranteed payment of income for the life of the annuitant (who may be different from the contract owner).

Note that if you purchase a new life insurance policy or annuity contract subsequent to enrolling in Electronic Delivery, that policy will not automatically be enrolled for Electronic Delivery.

Notably, a life insurance contract can be rolled into an annuity but NOT the other way around.

Whereas, a life insurance contract is an asset that is designed (at least traditionally) to provide a death benefit to one's estate, an annuity is centered around converting a lump sum payment (or series of payments) into a stream of income for a fixed period (usually for life).

An immediate annuity is a contract between you and an annuity issuer (an insurance company) to which you pay a single lump sum of cash in exchange for the issuer's promise to make payments to you (or the annuitant) for a fixed period of time or for the life of the annuitant.

As a bit of background, an annuity is a contract in the same way that a permanent life insurance policy is a contract.

The reason being, a 1035 exchange is just what it says it is, an «exchange» of one asset such as a life insurance policy OR annuity contract for another.

Front - end loads are assessed as a percentage of the total investment or premium paid into a mutual fund, annuity or life insurance contract.

For many it may feel like their permanent life insurance policy or annuity contract is a precious and fragile treasure in their bare hands and the idea of messing with it sends chills down their spine.

Unlike the I.R.S. rules governing life insurance contracts, the tax rules for non-qualified annuities are still somewhat complicated.

You should always check your contract before transferring from one annuity to another.You may wish to seek independent legal or financial advice before selling or liquidating any assets and prior to the purchase of any life or annuity products.

Action Family of Flexible Premium Deferred Fixed Annuities (contract form number A720B) is issued by Jackson National Life Insurance Company ® (Home Office: Lansing, Michigan) and in New York Annuity (contract form numbers A720BNY, A740BPNY) by Jackson National Life Insurance Company of New York ® (Home Office: Purchase, New York).

For a prospectus containing this and other information for any variable annuity or variable life product that invests in Putnam Variable Trust funds, contact your financial advisor for a contract prospectus and prospectus for the underlying funds.

Your annuity values are guaranteed by contract and protected by the financial strength of Liberty Bankers Life.

Horizon variable annuity is a flexible premium fixed and variable deferred annuity issued by Commonwealth Annuity and Life Insurance Company, 20 Guest Street, Brighton, MA 02135: Contract Form # 3040 - 09.

If you used the proceeds of a home mortgage to purchase or «carry» securities that produce tax - exempt income (municipal bonds), or to purchase single - premium (lump - sum) life insurance or annuity contracts, you can not deduct the mortgage interest.

Fixed annuities earn a guaranteed † rate of return over the life of the contract, and offer contract owners the predictability of a guaranteed income stream and a way to grow assets without exposure to market volatility.

SuperMAX Family of Flexible Premium Deferred Fixed Annuities (contract form number A700, A710A) is issued by Jackson National Life Insurance Company (Home Office: Lansing, Michigan).

Visit our variable annuity compliance documents page to access prospectuses, which contain information about contract charges and fees for the variable annuity products offered by Annuity Investors Life Insurance Company.

If, for some reason, there is no living person or trust listed as the contract beneficiary, then the annuity would likely be subject to the probate process.

Owners of fixed indexed annuities (FIAs) with guaranteed living income benefit (GLIB) riders are much less likely to surrender their contracts than they were 10 years ago, according to new research based on 3.3 million policyholders.

These plans are funded solely with insurance products such as cash value life insurance or fixed annuity contracts, and the plan owner can often deduct hundreds of thousands of dollars in contributions to these plans each year.

FedEx Corp. announced today it has entered into an agreement with Metropolitan Life Insurance Company to purchase a group annuity contract and transfer approximately $ 6 billion of the company's U.S. pension plan obligations.

For an annuity contract, please use Annuity Service Request and for a life policy, please use Life Service Request flife policy, please use Life Service Request fLife Service Request form.

Variable annuity contracts offer tax - deferred growth potential and optional features such as living and death benefits.

This caused several variable annuity contracts to have a significantly higher death benefit (high water mark) than living benefit (walk away value) for the owner.