Sentences with phrase «variable annuity owners»

Living benefits can help protect variable annuity owners from running out of money in retirement.

Also most variable annuity owners I speak with believe that their principal is protected.

In this way, many variable annuity owners were stuck with a confusing, hard - to - value investment.

Double digit under performance, compounding high fees, and market corrections can cause a variable annuity owner to lose a major amount of the annuities cash value.

Not exact matches

You (the annuity owner) make a lump - sum payment or a series of premium payments to an annuity issuer (the insurance company), which will accumulate earnings at a fixed interest rate (a fixed annuity) or a variable rate determined by the growth (or losses) in investment options known as subaccounts (a variable annuity).

A variable annuity, like ALL other annuities, offer a guaranteed payment of income for the life of the annuitant (who may be different from the contract owner).

A variable annuity with living benefits leaves you as owner of the account's assets and there may be money left over for your heirs.

This caused several variable annuity contracts to have a significantly higher death benefit (high water mark) than living benefit (walk away value) for the owner.

In past experience, looking at peoples variable annuities has shown that most of the variable annuities income riders only offer a single payout for the owner with no doubling of the income amount if confined to a nursing facility for long - term care.

Beyond the basic fees are the charges incurred each year if the annuity owner decides to add other benefits or features to the variable annuity contract.

The owner of a variable annuity allocates premiums among his or her choice of investment subaccounts, which can range from low risk to very high risk.

A fee paid by a variable annuity contract owner for withdrawal of an amount that exceeds a specific percentage or for cancellation of the contract within a specified amount of time after purchase.

This contrasts with a variable annuity, which features accumulation or loss based on the performance of investment options selected by the contract owner.

Annuity, Variable An annuity that features accumulation or loss based on the performance of investment options selected by the contract owner.

This guarantees that, should the investor die during the accumulation phase of the variable annuity, the account owner's beneficiary will receive at least the amount of the investor's contributions minus withdrawals or the current market value of the account.

Under United States tax law, for example, most owners of variable annuities and variable life insurance can invest their premium payments in the stock market and defer or eliminate paying any taxes on their investments until withdrawals are made.

Regardless of how the subaccounts perform, a variable annuity death benefit ensures the annuity owner's beneficiaries receive no less than the initial investment.

A variable annuity, like ALL other annuities, offer a guaranteed payment of income for the life of the annuitant (who may be different from the contract owner).

Conclusion The insurance riders available in most variable annuity contracts today can provide many types of protection for contract owners and beneficiaries.

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