Sentences with phrase «nonqualified variable»

Second, you aren't required to take RMDs from so - called nonqualified variable annuities.

Not exact matches

Variable annuity sales into nonqualified accounts now make up 42 percent of retail variable annuity sales, GiesiVariable annuity sales into nonqualified accounts now make up 42 percent of retail variable annuity sales, Giesivariable annuity sales, Giesing said.

Sales of variable annuities into nonqualified accounts rose 5 percent to $ 8.4 billion compared with last year.

Second - quarter variable annuity sales data also unearthed the bifurcation between variable annuities sold into individual retirement accounts (IRA) and variable annuities sold into nonqualified accounts.

The DOL fiduciary rule has affected the mix of sales of variable annuities that come with guaranteed / nonguaranteed living benefits into nonqualified accounts, Giesing said.

For example, an individual might buy a nonqualified single premium deferred variable annuity.