Sentences with phrase «using guaranteed annuity»

Those who want to divest a portion of their portfolio from the ups and downs of the overall markets are using guaranteed annuity income riders (with or without a bonus) as a simple, but effective means to create a future lifetime stream of income.

Not exact matches

«For a client who needs guaranteed retirement income, I might recommend using this product in combination with another annuity that provides a guaranteed living benefit rider,» she added.

Some people take advantage of annuities to grow savings, while others use them to generate guaranteed «paychecks» for life.

Annuities can be used to accumulate savings tax efficiently, 2 secure a predictable income stream, and guarantee income you can't outlive.

-- are growing in popularity — these allow you to use Qualified savings to buy an annuity for guaranteed income and as an added bonus they allow you to

You'll probably end up with less guaranteed income (or a smaller stash of assets) using this tactic than had your company offered a partial lump sum - and - annuity option.

Such annuities can be used to generate guaranteed lifetime income, but I'm not a fan of them.

Immediate annuities are generally used to provide a guaranteed income during retirement.

One possible strategy for retirees, is to use part of their investment portfolio to buy just enough annuity payments (combined with their Social Security payments) to guarantee a minimum standard of living regardless of how poorly the rest of their portfolio performs.

Members of the middle class may choose annuities as an investment because of the ease of use and guaranteed income that won't end during their lifetime.

For example, you could use part of your pot to buy an annuity and provide a guaranteed income floor, whilst keeping part of your pension invested to generate long - term returns.

You can use some of your savings to purchase an immediate fixed annuity to provide guaranteed income.

A deferred income annuity, like the Brighthouse Guaranteed Income Builder, SM may be a good way for you to secure future guaranteed, lifetime income1 that can be used to supplement your other retirement incomGuaranteed Income Builder, SM may be a good way for you to secure future guaranteed, lifetime income1 that can be used to supplement your other retirement incomguaranteed, lifetime income1 that can be used to supplement your other retirement income sources.

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.

Another use of life insurance to reverse out an annuity, is when all you need for living expenses is a guaranteed after - tax - return that is slightly higher than current government bond yields, and you want to leave an estate after death.

Using annuities (insurance products that provide guaranteed income in retirement), they're able to help you design your own pension - like plan if you don't have one from your employer.

Because the federal government does not guarantee annuity products, prospective buyers should use these ratings to gauge risk.

In many cases, annuities are used in order to provide guaranteed future payments.

On the other hand, income annuities are used to create steady guaranteed income — like a pension — that lasts your entire life.

Then they use the remaining $ 499,134 to buy a joint life prescribed annuity with no reduction on the first death and a 5 year guarantee period.

In fact, when asked about the intended uses for indexed annuities in another recent LIMRA survey, respondents» top three responses involved retirement planning, including supplementing Social Security or pension income, accumulating assets for retirement, and receiving guaranteed lifetime income.

* In the meantime, you can use withdrawals from taxable savings accounts or guaranteed income sources such as annuities to cover your expenses.

We like the plan our adviser has put together for us, but we're unsure of the markets and are considering using some of our savings to buy an annuity for guaranteed income.

One of the most popular new benefits of both variable and fixed indexed annuities is setting guaranteed income amounts with the use of Income Riders.

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.

Some people take advantage of annuities to grow savings, while others use them to generate guaranteed «paychecks» for life.

Put in place a deferred annuity with a contractually guaranteed growth rate utilizing a rider (added benefit) that can specifically used for long - term care.

· Guaranteed Lifetime Income — Receive a secure contractually guaranteed lifetime income stream using a single premium immediatGuaranteed Lifetime Income — Receive a secure contractually guaranteed lifetime income stream using a single premium immediatguaranteed lifetime income stream using a single premium immediate annuity.

Put in place a deferred annuity with a contractually guaranteed growth rate utilizing a rider (added benefit) that can be used for a lifetime income stream at a future date to cover health costs.

Illustration A document used to show a life insurance or annuity policy's guaranteed and (non-guaranteed) projected values, including cash values, income payments, and death benefits, based on certain assumptions.

A primary benefit of using an annuity as part of your retirement planning strategy is the creation of a stream of guaranteed payments when contract value is exchanged for them.

Annuities can be used to accumulate savings tax efficiently, 2 secure a predictable income stream, and guarantee income you can't outlive.

In this sense, a deferred income annuity can be used to generate a «pension - like» stream of future guaranteed income.

Members of the middle class may choose annuities as an investment because of the ease of use and guaranteed income that won't end during their lifetime.

Some people take advantage of annuities to grow savings, while others use them to generate guaranteed «paychecks» for life.

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.

Income planning should be customized to your specific situation, and I sometimes use advanced annuity strategies to contractually guarantee income needs.

The bottom line is that in today's marketplace, there are some opportunities to effectively use hybrid life / LTC and annuity / LTC policies, but the evaluation is more complex and nuanced than to simply focus on the guaranteed LTC costs, guaranteed liquidity of the policy, and potential to get a death benefit (at least for life / LTC policies).

· Guaranteed Lifetime Income — Receive a secure contractually guaranteed lifetime income stream using a single premium immediatGuaranteed Lifetime Income — Receive a secure contractually guaranteed lifetime income stream using a single premium immediatguaranteed lifetime income stream using a single premium immediate annuity.

Now that you're familiar with some of the guarantees that are used to sell variable annuities, you are well on your way to determining which one could be a good fit for your portfolio.

When used in that way, a deferred annuity is basically an account that happens to have some of the features of an annuity: certain tax characteristics, and perhaps some guarantees made by an insurance company (including the possibility of a death benefit).