Sentences with phrase «payout phase»

While money is accumulating in an annuity (before the income payout phase), funds can grow and compound on a tax - deferred basis.

In some cases, your beneficiaries may get nothing if you die after the payout phase begins.

Not only do variable annuities offer you flexibility in both the accumulation and payout phases, they also offer optional benefits that can help protect your investment from market declines.

Distribution — The payout phase of an annuity comes when the accumulated value is distributed — either via a lump sum or a series of payments over time.

Not only do variable annuities offer you flexibility in both the accumulation and payout phases, they also offer optional benefits that can help protect your investment from market declines.

Similar to a fixed interest annuity, during the payout phase, the income payment amount is set when payments begin and this will NOT change.

All annuities also have 2 phases which are 1) the accumulation (savings) phase; and 2) the payout phase.

The minimum interest rate is guaranteed by the company under this formula and, during the payout phase the amount of each income payment is set when the payments begin (on the ASD) and this will not change.

Once you move into the payout phase, making your assets last as long as they're needed requires careful planning.

• You can have a different rate of return for the accumulation phase and the payout phase.

A fixed annuity is issued in two distinct phases: the accumulation phase and a payout phase.

An immediate annuity goes into the payout phase very quickly, usually right away.

Distribution — The payout phase of an annuity comes when the accumulated value is distributed — either via a lump sum or a series of payments over time.

The payout phase of the SPIA could be as short as 5 years, or last as long as the rest of the annuitant's life and his spouse's life.