Sentences with phrase «old annuity»

Generally speaking as you get older the annuity rate will fall — all other things being equal.

The chairman and CEO of Fisher Investments, who runs a three - year - old annuity conversion program, likened annuity sales approaches to the too - good - to - be-true promises of Ponzi schemes and charged that annuity salespeople often lie to make high commissions.

The early indexed annuities offered by long - gone carriers like Keyport were fantastic and are looked upon nostalgically by old annuity curmudgeons like me.

In this situation, a better option might be to exchange your old annuity for a new one with «living benefits.»

In my opinion the biggest reason to considering upgrading your older annuities are for the Income Benefits on the newer ones.

Additionally, transfers can be done without incurring income taxes should the older annuity have eked out any gains.

However, if you have an old annuity that is not accessible for long - term care expenses, or can not provide you with tax - advantaged access to your money for those expenses, it could be time to ask your insurance representative about Annuity Care from The State Life Insurance Company.

Is it possible to upgrade your older annuity into a new one that has more benefits?

The capital account figures have been increased accordingly, so if you still had the old annuity provisions people would, in effect, be getting paid twice for the same thing.

You might ask, what happens to the taxable gains in an old annuity when it's exchanged for a hybrid annuity account?

I request that all the money be sent back to my old annuity; including having my 5 % and 6 % surrender fees restored.

However, my old annuity with Genworth (because they would lose money on an old contract with higher interest rates) can not be restored and I need another investment option.