Sentences with phrase «type of annuity product»

For example, one type of annuity product is a life insurance irrevocable trust, which can be a great tool for property protection and federal estate tax savings.

This chart will help you match your retirement needs with the type of annuity product that fits your objectives.

For example, one type of annuity product is a life insurance irrevocable trust, which can be a great tool for property protection and federal estate tax savings.

While the Department believes that most parties receiving compensation in connection with annuity recommendations can readily rely on the broad transition exemption in the BIC Exemption, discussed above, some parties have expressed a preference to continue to rely on PTE 84 - 24, as amended in 2006, which has historically been available to the insurance industry for all types of annuity products.

Not exact matches

The final DOL regulation «unfairly targets certain types of fixed annuity products, making it harder for Americans to purchase fixed indexed annuities when it is in their best interest to do so,» he said, adding that «this legal challenge is necessary because the rule creates an unworkable standard for independent agents and insurance companies and goes far beyond DOL's authority.»

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.

While these types of annuities remain permissible under the DOL rule, an advisor must now ensure that the recommended product is in the client's best interests, including with respect to the advisor's compensation, which must be «reasonable.»

These will either be severely restricted or prohibited: Higher priced, more complex products that have issues of liquidity and lack of transparency, such as non-publicly traded REITs, variable annuities, proprietary products or limited partnerships of certain types.

Some financial companies are designing new types of retirement income products that package features of an income annuity with features of a bond fund...

There are annuities that provide this type of coverage, but in my opinion, the traditional long - term care product is still the best.

An equity indexed annuity is an insurance product offered by insurance companies that, for exchange of your money, will link the performance of your annuity to some type of underlying market index like the S&P 500, Dow Jones, Gold, etc..

This type of annuity is an insurance company product that is designed to accumulate tax - deferred retirement savings and allows you to participate in the markets.

Longevity annuities are a type of deferred income annuity (DIA) product that is a twist on the old deferred annuity fable.

I'm attempting to provide an objective description of the various annuity types, explain what situations they may be useful for, and some risks to consider with the product.

This changing market inspired the advent of variable annuities, and thereafter indexed products of various types.

Manulife IncomePlus is a Guaranteed Minimum Withdrawal Benefit (GMWB) type of variable annuity product aimed at people who are about to retire or in their early retirement years.

It's because there are several different types of annuities, all with varying terms and rider options, and many financial advisors (or insurance agents) either explain them poorly or purposefully blur the definitions in order to push one product over another.

Manulife IncomePlus is a Guaranteed Minimum Withdrawal Benefit (GMWB) type of variable annuity product aimed at people who are about to retire or in their... Read More»

This type of annuity receives a fair amount of seemingly scholarly press trying to justify including this product as part of a balanced portfolio.Imagine that Thomas and Martha Jefferson, ages 64 and 62, respectively, purchase an immediate annuity that will pay them a guaranteed 6 % annual return.

Annuities When you convert your RRSP to an annuity (a type of insurance product that guarantees you a fixed income for life), the payments are taxable, just like withdrawals from a RRIF.

An income annuity allows you to convert part of your retirement funds into a stream of guaranteed lifetime income payments using a single lump - sum of money called a «premium,» or through flexible premium payments over time, depending on the type of product selected.

If nothing else, you might be able to get a sense of whether a difference in commissions may be a factor in why a salesperson is recommending an annuity instead of another product, one type of annuity vs. another or even one company's annuity rather than a competitor's.

Fixed annuities also pay life insurance agents the most money in commissions per buck invested, compared to every other type of non-life insurance financial product a financial salesperson can sell today - except variable annuities.

Then after the redemption fees go away, advisors will want you to sell that fund and buy another, or buy different classes of shares, or totally different types of products (annuities) so they can get paid again.

The company provides a wide variety of different types of life insurance coverage, as well as health insurance, annuities, and pension plan products.

An income annuity allows you to convert part of your retirement funds into a stream of guaranteed lifetime income payments using a single lump - sum of money called a «premium,» or through flexible premium payments over time, depending on the type of product selected.

Depending on the type of annuity purchased, these products will also allow for tax - deferred buildup of funds during the «accumulation» period.

An annuity is a type of insurance product that will pay out income, and can also be used as part of an overall retirement strategy, as the funds that are inside of an annuity are allowed to grow tax - deferred.

On top of all of the insurance products, Principal Life also has several types of annuities that they sell.

The amount you leave to your beneficiaries from an annuity depends on the type of product you purchased.

This changing market inspired the advent of variable annuities, and thereafter indexed products of various types.

There are 7 active types of plans under annuity product.

Through a network of third - party brokers and agents across America, Symetra distributes benefits, annuities, and a various types of life insurance products.

Fixed annuities are categorized as a life insurance product, so a life insurance license is all that is needed to solicit and sell these types of strategies.

Variable annuities can offer a package of benefits that are for the most part unmatched by any other type of financial product on the market today.

I am not exactly sure what you mean by Annuity Life Insurance, but typically speaking annuities are a type of insurance product that are geared primarily to build up...