Sentences with phrase «type of annuity»

It all comes down to understanding that there are several different types of annuity products, each of which is designed to address a specific need or life stage.
As the name implies, hybrid annuities are simply a combination of two or more basic types of annuity contracts.
Keep in mind, there are other types of annuities as well, but these are some of the most common.
Many types of annuities exist, and most of them include a death benefit option.
There are several types of annuities: fixed, variable, immediate, deferred, indexed and equity linked.
The question is what type of annuity works for your retirement.
There are different types of annuities as discussed in our previous article talking about all things annuities.
Consider your financial needs and goals, as well as your tolerance of risk, to determine which type of annuity better serves you.
Explore the options below to learn more about each of the most common types of annuities and evaluate which type may suit your individual financial objectives.
Since 1952, there are now 15 different types of annuities available, and the confusion and complexity of these numerous strategies contributes to the negative perception that the annuity industry has earned.
When people talk about types of annuities, it mostly refers to the approach to calculating the growth of the cash in the account OR when the account will convert into an income stream.
I've recently heard about a new type of annuity called a longevity annuity.
It is important to understand that certain types of annuity contracts may be deemed inappropriate for certain types of consumers.
There are two main types of annuities — fixed and variable.
Many different types of annuities exist, with many different features.
Any product changes and enhancements or new launches will complement the company's annuity product families and not «pivot» from one type of annuity at the expense of another, she said.
This is the more traditional type of annuity — the insurance guarantees a specific interest rate that you will earn on the annuity.
Rather than address risks associated with each specific type of annuity, I'll be providing a more generalized summary of risks.
Explore the three primary types of annuities, the optional benefits each may include, and which type may suit your investing and retirement goals.
Do you know how many different types of annuities there are?
The company offers several different types of annuities so that clients may choose the one that will be best for their goals.
There are multiple types of annuities and the exact payment structure will vary based on the terms that you agree to with the insurance company.
That is a very big deal if the same type of annuity income rider at $ 500,000 had a 5 % payout rate.
Essentially, a longevity annuity is a twist on a somewhat more familiar type of annuity, the immediate annuity.
As you hopefully know, there are numerous types of annuities that are designed to address a specific risk or groups of risks that many retirees face.
The second type of annuity that works well in such an arrangement is a deferred annuity, aka a longevity annuity.
Whatever type of annuity you choose, carefully review the fee structure to make sure you're getting more money out of the contract than you're putting in.
There are a few distinct types of annuities with different options, for clients to get precisely what they need.
A split - annuity strategy involves purchasing two types of annuity contracts: immediate and deferred.
There are various types of annuities that are uniquely suited to meet various types of income needs and these will be discussed in this article.
Explore the options below to learn more about each of the most common types of annuities and evaluate which type may suit your individual financial objectives.
There are many types of annuities, including variable, fixed, fixed index and income.
Finally, the fees that go along with purchasing certain types of annuities can eat up a significant part of your earnings.
This article will describe the main types of annuities and the ways they can be used in retirement planning.
On top of all of the insurance products, Principal Life also has several types of annuities that they sell.
Use this chart to compare four popular types of annuities that can help you generate guaranteed lifetime income or increase your tax - deferred savings for retirement.
You can choose from two primary types of annuities: fixed and variable.
There are a number of different types of annuities you could use to pull off such a strategy.
This is a good type of annuity plan as this ensures that the annuitant doesn't have to depend on anyone even after he retires and his regular income stops.
While many types of annuities allow the annuity owner to name a beneficiary (usually a spouse) who will be eligible for either continued payments or death benefits, a straight life annuity forgoes this added benefit in favor of higher guaranteed payments while the annuitant is alive.
With the complex selection of options available, consumers can find it difficult to decide rationally on the right type of annuity product for their circumstances.
The specifics of how annuities are taxed change based on what type of annuity you buy and what type of annuitization option you select, as well as whether you purchase the contract with pre-tax or after - tax money.
When considering an annuity, the first question to discuss with a financial professional is which type of annuity suits your priorities, your long - term financial goals, and your comfort with risk.
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