Sentences with phrase «types of annuities so»

The company offers several different types of annuities so that clients may choose the one that will be best for their goals.

Not exact matches

They are sector - specific funds, active managers, passive managers, so any type of pooled investment, broad - based category is pretty much available within the annuities, even some sector - specific investments.

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.»

For some people $ 40,000 might be relatively little to risk in exchange for that guarantee; or so the argument in favor of these types of «longevity» annuities goes.

Similarly, if your nest egg is large enough so that your chances of running through it in your lifetime are very low or negligible, then you also may not need any type of guaranteed income beyond Social Security, in which case you simply may not have to devote any of your assets to a longevity annuity or an immediate annuity.

These types of pensions or annuities became available on 1 July 2005 so you can start an additional income stream if you have reached your preservation age but not retired (transition to retirement).

So, when we dive into describing the important tax advantages of qualified annuities, remember that nothing else concerning annuities is any different in terms of the type OR tax deferred growth.

Before you reach out to any company, be sure to research the types of annuities they purchase, and with whom they normally do business, so that you understand their targets and tactics.

An immediate annuity's ability to transfer money from people who die early to those who die late is largely the reason that a recent study by former U.S. Treasury official Mark Warshawsky concluded that while an annuity didn't always provide more retirement income than using the 4 % rule or other type of systematic withdrawal, it did so often enough that «it is hard to argue against a significant and widespread role for immediate life annuities in the production of retirement income.»

Whether it's a pension (if you're so fortunate), Social Security, or an annuity type that provides income, contractually guaranteed lifetime payments are needed by a majority of Americans.

So it might be time to hold your nose and objectively consider how some types of annuities can provide a contractual income floor.

Annuities charge a number of different types of fees, along with penalties for certain withdrawals, so make sure the benefits you are receiving outweigh the costs.

There as so many types of 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.

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.