Sentences with phrase «of annuity owners»

In return for investing a portion of the annuity owner's retirement assets, the company promises it will pay that person a lifetime stream of income.

The exchange of an annuity owner's assets from one company to another without incurring income taxes.

Living benefit riders allow for benefits to paid when applicable during the life of an annuity owner or insurance policyholder.

When funds are deposited with a life insurer, they are credited to an accumulation account in the name of the annuity owner.

For example, unlike life insurance and real estate investing, there is «no step up in basis» and there is income tax exposure for the estate upon the death of the annuity owner.

The reason is that when insurance companies create an annuity, they pool the money of thousands of annuity owners, some of whom will die sooner than others.

Longevity Insurance is an annuity that doesn't begin paying out until the owner is at an advanced age and is basically a form of an annuity

Like all annuities, a straight life annuity provides a guaranteed income stream until the death of the annuity owner.

According to a recent Insured Retirement Institute (IRI) survey of Americans aged 50 - 66, a majority (53 %) of annuity owners are extremely or very confident that they will have adequate income in retirement, compared to less than a third (31 %) of non-annuity owners who say the same.