Sentences with phrase «term annuity plan»

The plan is an endowment plan that can also be used as a long term annuity plan after the demise of the insured person.

This plan is basically limited payment whole life plan that can be used also used as a long term annuity plan after the demise of the life assured.

Not exact matches

The term «pension income» refers to income that arises from both DB and DC pension plans, as well as annuities and RRIFs that arise from RRSP savings.

MassMutual offers a wide range of financial products and services, including life insurance, disability income insurance, long term care insurance, annuities, retirement plans and other employee benefits.

Or should it try to spread things out in a long - term payment installment plan, or annuity?

As you determine if an annuity may be right for you, remember that they are intended as vehicles for long - term retirement planning, which is why withdrawals reduce an annuity's remaining death benefit, contract value, cash surrender value and future earnings.

If you do not indicate that you have a long term care policy, plan to purchase an annuity or long term care policy to cover long term care, plan to use home equity or a family member to help care for you, or predict that you will not ever need long term care, then the system will apply costs to the last 3 years of your life.

As you determine what annuity might be right for you, remember they are intended as vehicles for long - term retirement planning, which is why withdrawals reduce an annuity's remaining death benefit, contract value, cash surrender value and future earnings.

This unique combination of benefits can make fixed index annuities an ideal low - risk component of your long - term retirement plan.

Whether it's a straightforward bequest, trust, annuity, or an arrangement made through your IRA, planned gifts of all sizes support Chicago Children's Museum's long - term fiscal stability and often provide financial benefits to you as well.

Offers checking and savings, term share certificates, and IRAs, as well as mortgage, home equity, automobile and personal loans at competitive rates; tax deferred annuity and investment program flexible pre-tax investment plans with tax - deferred earnings and access to top mutual funds from Fidelity Investments, Scudder, TIAA - CREF, and the Vanguard Group.

Including health insurance, dental insurance, life insurance, long term disability, short term disability, teacher's retirement deductions / contributions / reporting, tax sheltered annuity deductions / contributions / reporting, flexible spending account (cafeteria sec. 125 plans), insurance deduction plan, dependent care plan, medical Expense Plan, account administration and reportplan, dependent care plan, medical Expense Plan, account administration and reportplan, medical Expense Plan, account administration and reportPlan, account administration and reporting.

Let's break down the most commonly used terms associated with annuities and financial planning.

The retirement plan should be beneficiary of the the annuity contract so that in the event of death, the death benefit will be distributed according to the terms of the retirement plan.

The person or organization designated to receive proceeds under the terms of a life insurance policy, college savings plan or annuity.

Examine the potential benefits of fixed index annuities (FIAs) as part of a balanced, long - term portfolio plan.

Continuing under the assumption that you have a defined benefit pension plan that will pay you $ 50,000 per year until you pass away I would say that your pension plan is more similar to a life annuity rather than a GIC since a GIC comes to term whereas an annuity pays until death, but if you are trying to put a value on the holding of your pension plan I would say that yes, it is fair to count it as a million dollar GIC at 5 %.

Don't purchase plans that piggy - back annuities or cash value life insurance with the Long Term Care benefits.

Another example of combination type plans links long term care benefits to a single premium deferred annuity.

A Melrose Certified Financial Planner provides free advice on topics such as budgeting, wills and trusts, retirement, insurance, Social Security, annuities, long - term care, state planning, taxes and more.

Examine the potential benefits of fixed annuities (FAs) as part of a balanced, long - term portfolio plan.

Strategic Tip: In general, deferred annuity contracts will be looked at with more scrutiny when marketed to seniors because they are typically used for tax deferred wealth accumulation as opposed to short term retirement planning.

Examine the potential benefits of variable annuities (VAs) as part of a balanced, long - term portfolio plan.

Deferred annuities are one of the creative ways some people plan for a long term care need.

One planning choice is to use indexed annuities.In the most basic terms, an indexed annuity is a tax - deferred product, meaning that the tax on...

Financial professionals from brokerage firms, banks, or insurance companies may focus on selling investment products like specific mutual funds, annuities, and insurance products instead of offering comprehensive financial planning to guide you toward your short and long - term goals.

We encourage you to understand the most commonly used terms associated with annuities and financial planning.

Money savvy couples who are looking for smart retirement solutions and more control of their long - term finances will recognize the important role that fixed indexed annuities (FIAs) play in any balanced financial plan for their future.

Financial Planning Using Annuities for Long - Term Health Care Long - term care annuities, confinement care raiders and Medicare - compliant annuities can help cover the costs of long - tAnnuities for Long - Term Health Care Long - term care annuities, confinement care raiders and Medicare - compliant annuities can help cover the costs of long - term cTerm Health Care Long - term care annuities, confinement care raiders and Medicare - compliant annuities can help cover the costs of long - term cterm care annuities, confinement care raiders and Medicare - compliant annuities can help cover the costs of long - tannuities, confinement care raiders and Medicare - compliant annuities can help cover the costs of long - tannuities can help cover the costs of long - term cterm care.

And because any growth in your annuity value is generally not taxed until you take money out of the contract, the combination of tax deferral and the ability to establish guaranteed income can be an effective way to plan for retirement and other long term goals.

To help accomplish that goal, one of the frequently used tools in a financial planning toolkit are annuities to meet the goal of long - term wealth accumulation.

Many employer retirement plans offer annuity contracts as investment alternatives for participants because of their insurance guarantees and flexible terms.

This unique combination of benefits can make fixed index annuities an ideal low - risk component of your long - term retirement plan.

In Wealth Management & Retirement Planning you'll learn how to manage your wealth, why we think you should stay out of annuities and index - linked GICs, and why every investor should get used to unpredictable short - term declines.

Long term plans and the investments that allow regular flow of money are the best annuity options you should look for.

If you're planning for retirement, you've likely heard the term «annuity.»

Minimum variable premium for IndiaFirst Anytime Plan is Depends on Age and Policy Term and minimum variable premium for Bajaj Allianz Group Annuity Plan is As required to secure minimum annuity amount.

It has grown from insuring Civil War sailors and soldiers for disabilities and illness to offering today's family annuities, auto insurance, banking, dental, disability income, financial planning, home insurance, IRAs (Individual Retirement Account), life insurance, long - term care, and mutual funds and brokerage services.

Joint term life can be a great complement to your retirement plan as it provides a couple purchasing an annuity with more options.

A variable annuity is a long - term investment vehicle designed to help with retirement planning.

The retirement plan should be beneficiary of the the annuity contract so that in the event of death, the death benefit will be distributed according to the terms of the retirement plan.

And because any growth in your annuity value is generally not taxed until you take money out of the contract, the combination of tax deferral and the ability to establish guaranteed income can be an effective way to plan for retirement and other long term goals.

There are also term plans that use a part of the lumpsum to invest in an annuity plan for the nominees.

Variable annuities are long - term investments intended for retirement planning and involve market risk and the possible loss of principal.

As you determine if an annuity may be right for you, remember that they are intended as vehicles for long - term retirement planning, which is why withdrawals reduce an annuity's remaining death benefit, contract value, cash surrender value and future earnings.

As you determine what annuity might be right for you, remember they are intended as vehicles for long - term retirement planning, which is why withdrawals reduce an annuity's remaining death benefit, contract value, cash surrender value and future earnings.

This Kotak Life pension plan offers multiple annuity options of Lifetime Income, Lifetime Income with cash back wherein the Purchase Price is returned on death of the annuitant, Lifetime Income with a Term Guarantee wherein the annuity payouts are guaranteed for 5, 10, 15 or 20 years and thereafter payable for the annuitant's lifetime and Last Survivor Lifetime Income wherein the annuity payouts are paid for the annuitant's lifetime and post his death, the annuity payouts continue till the death of the spouse

Many employer retirement plans offer annuity contracts as investment alternatives for participants because of their insurance guarantees and flexible terms.

Most of the term plans in the market come with various payment options such as lumpsum, annuity or a combination of both.

This combination of tax deferral and the ability to establish guaranteed income can make an annuity an effective tool for retirement planning and other long term goals.