Sentences with phrase «number of your variable annuity»

Since the company's initial public offering in 2013, Voya has reduced the number of variable annuity policies with living benefits in its closed block by 35 percent to 199,000 policies at the end of the first quarter.

If you own a variable annuity and think your principal is protected just call the customer service number of your variable annuity company and ask them «Is my account value guaranteed or protected from loss?»

Not exact matches

Within deferred annuities, there are a number of subsets including fixed, equity indexed and variable.

Immediate annuities start making payments today, deferred annuities start making payments in the future, variable annuities can provide some market upside with some downside protections, and some annuities make set payments for a set number of years, Hopkins explained.

«Think of a variable annuity as a mutual fund with a selection of different investment options, together with a number of implicit and explicit guarantees,» he says.

Whereas a fixed annuity relies upon the insurance company's general account to support the contract, a variable contract involves investments in any number of sub-accounts (potentially dozens) consisting of various classes of assets such as stocks, bonds and money market accounts.

With the above distinctions in mind, there are a number of pros and cons of variable annuities to consider as follows:

Breaking those numbers down, 83 percent of all annuities sold are variable annuities and 17 percent are fixed annuities.

Variable annuities provide the opportunity for market appreciation through a number of different investment options.

Two broad types of annuities exist — fixed and variable — and each contains a number of subcategories.

Annuities can't match the variable inflation protection that a declining number of workplace pension plans still offer.

Given a dizzying number of features and restrictions, contracts for some annuities — variable and otherwise — can run 300 pages or more.

In addition to life insurance, MetLife also offers a variety of fixed and variable annuities, as well as a number of investment and other retirement savings and planning products.

It has 374 subaccount choices, which results in having more than twice the number of asset classes than most variable annuities.

You are rarely going to be shown this type of income strategy, because most agents want to sell you a variable annuity and will «juice» the numbers to make the returns look great.

In addition, as subsidiary of the Lincoln group, the company is also included in the accolade given to the group: number 27 on Fortune 500, number three company when it comes to insurance sales, number five company with the largest amount of variable annuity plans sold, and number nine in overall ranking for total sales of fixed annuity plans.

Since the roar of the stock market in the mid -»90s, when consumers poured money into variable annuities and variable life products, many life insurers have increased the number of sub-accounts available within their variable products.

Variable Annuities - A High - Level Primer A variable annuity is a tax - deferred financial product that pays benefits to the annuitant over a specified number of years and a death benefit to the annuitant's benefiVariable Annuities - A High - Level Primer A variable annuity is a tax - deferred financial product that pays benefits to the annuitant over a specified number of years and a death benefit to the annuitant's benefivariable annuity is a tax - deferred financial product that pays benefits to the annuitant over a specified number of years and a death benefit to the annuitant's beneficiaries.

With the above distinctions in mind, there are a number of pros and cons of variable annuities to consider as follows:

Whereas a fixed annuity relies upon the insurance company's general account to support the contract, a variable contract involves investments in any number of sub-accounts (potentially dozens) consisting of various classes of assets such as stocks, bonds and money market accounts.