Sentences with phrase «with guaranteed annuity»

Immediate Annuity Plan: A traditional non-participating non-linked annuity plan that allows you to plan your retirement with guaranteed annuity benefit.

With a guaranteed annuity, you'll have a set percentage that you can withdraw, or take in distributions, each year.

(A 412i plan is a plan that offers fully guaranteed retirement benefits and that is funded either with guaranteed annuities or with a combination of annuities and life insurance.

Not exact matches

Variable annuity contracts offer the insurance component of an income guarantee with the possibility of increasing the payout if markets do well.

«An annuity with an income guarantee provides a safety net and allows people to be more growth - oriented in the rest of their portfolio,» he said.

Benefits of annuities include guaranteed income, protection against longevity risk and upside participation with downside protection.

While the value of underlying subaccounts of variable annuities fell through the floor like everything else in the market in 2008, the guaranteed income withdrawal rate (not to be confused with the rate of return of the investment portfolio) did not.

Outlining what investors should know about annuities if they are looking for guaranteed income for life, with Jim Schlager, Moss Adams Wealth Advisors.

With this guaranteed stream of income in retirement, 2 you (and your spouse, if you choose a joint annuity) have the assurance of knowing that some of your income is secure.

The premise behind an immediate annuity is simple: You invest a lump sum of money with an insurance company (although you would actually do so through an adviser, a broker or insurance agent) and in return you receive a guaranteed monthly payment for life regardless of how the financial markets perform.

Fortunately, the type of annuity you're asking about — an immediate annuity — is (by annuity standards at least) the easiest to understand and, to my mind the type with the greatest potential for helping people who want more guaranteed lifetime income than Social Security alone will provide.

In addition to the $ 38 million increase in reserves related to group annuity contracts, Brighthouse incurred $ 53 million in «unfavorable reserve adjustments» connected to the company's universal life with secondary guarantees business.

Owners of fixed indexed annuities (FIAs) with guaranteed living income benefit (GLIB) riders are much less likely to surrender their contracts than they were 10 years ago, according to new research based on 3.3 million policyholders.

You can do the same for your retirement with an income annuity, which can provide a steady income stream guaranteed for life or a specified number of years.

As with an income annuity, your payments are guaranteed — but you won't lose access to your money.

And so you want to consider backing them with sources of guaranteed income — like Social Security, pensions, and income annuities.

You might want to consider covering your essential expenses with guaranteed income sources that have inflation protection, for instance a lifetime annuity with an inflation rider.

Sales of variable annuities with guaranteed living benefits run nearly equal with variable annuity sales without living benefits, Giesing said.

American Equity Investment Life Holding Co., a top seller of fixed indexed annuities (FIAs), broadened the appeal of a core product line with the announcement of a new guaranteed lifetime income - focused fixed indexed annuity (FIA) with fee options.

«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.

Because there is no living benefit guarantee, she said she finds the product easier to explain than variable annuities with living benefit guarantees.

Meanwhile, traditional VAs, or unit - linked annuities with or without guarantees, last year accounted for 18 percent of the company's new business premium, down from 22 percent in 2015, the parent company said.

Structured variable annuities don't come with living benefit guarantees and therefore don't require the same level of reserves as traditional variable annuities, which is why company executives consider them efficient.

The DOL fiduciary rule has affected the mix of sales of variable annuities that come with guaranteed / nonguaranteed living benefits into nonqualified accounts, Giesing said.

Fred Strame: Lots of folks we've met with that own variable annuities gleefully explain that they have a 5 % guaranteed return.

Relationships with highly rated insurers who guarantee the annuity contract so you'll have confidence in your choice.

A variable annuity with a lifetime withdrawal benefit typically provides lower guaranteed income but offers more investment accessibility.

Steve Utkus: An income annuity is an insurance contract that provides you with a guaranteed income for life.

For example, annuities, which are insurance products with guarantees *, can provide a source of supplemental income throughout your retirement.

Elite Choice also offers traditional fixed annuity benefits such as guaranteed minimum interest and death benefits, combined with the potential for additional interest linked to the return of an index.

Fixed deferred annuities also provide you with a guaranteed minimum interest rate, regardless of market conditions.

According to Morningstar Annuity Research Center, variable annuity annual fees range widely, from 0.10 % to 2.25 %, with an industry average of 1.25 %.4, 5 Of course, you will pay more if you need to address a specific risk with a guarantee, such as a guaranteed living benefit, which provides income or asset protection from down markets.

I noted with interest the Guaranteed Income part of the book but with the heavy USA leaning see that for us in the UK only annuities are really available — and as I have dual nationality as a Kiwi we don't even have those back in New Zealand.

Much of this growth came from consumers buying FIAs with guaranteed living withdrawal benefits (GLWBs), some with benefit base rollups as high as 8 or 9 percent and withdrawal rates greater than those in variable annuities, the report said.

To find out more about our multi-year guarantee fixed annuities, talk with your financial representative.

With Choice Accumulation, you can't experience market - based losses, regardless of market performance.1 This fixed index annuity also includes a Guaranteed Minimum Accumulation Value (GMAV) feature.

With an income annuity, you give the insurance company a lump sum in exchange for a guaranteed stream of income.

With ForeAccumulation, you can't experience market - based losses, regardless of market performance.1 This fixed index annuity also includes a Guaranteed Minimum Accumulation Value (GMAV) feature.2

With Guaranteed Income Annuities, you can have regular «paychecks» after you stop working.

With potential for tax - deferred growth and a guaranteed income stream, annuities can be important to your retirement objectives.

A variable annuity with optional benefits for an additional charge that combines the growth potential of a wide range of investment options with benefits designed for guaranteed lifetime income † and the opportunity to leave a legacy.

Variable Annuities For registered representatives, our variable annuity line lets you offer the flexibility of investment options with protection and income guarantees:

Annuities can offer a variety of options for generating a lifetime of guaranteed income, along with some tax advantages.

With the purpose of generating guaranteed income, choosing the right annuity can be challenging.

John W. Homer, president of Oxford Financial Group, suggests that older clients with liquid assets and a desire to reduce estate taxes may want to consider buying a guaranteed income annuity partnered up with a life insurance policy...

The distinctions between needs and wants will be different for everyone, but once you have your list, it makes sense to match essential expenses with guaranteed income — money that you can't outlive — like Social Security, pensions, and lifetime annuities (which let you convert savings into guaranteed income).

Boros thinks it is the rapid growth in sales of variable annuities with living benefit guarantees, combined with the extremely low and prolonged interest rate environment, that spurred carriers to start certain suspensions.

Hegna thinks advisors will start selling more of these products in lieu of variable annuities with living benefit guarantees, «because the guaranteed income that people can get from variable annuities can't compete with what they can get from a deferred income annuity.»

This information will then be published and made available to consumers via the ABI website, along with other information about the providers, such as whether they are offering guaranteed annuity rates, and whether they refer pension customers to an annuity provider or a panel of annuity providers.

So you don't want to just run out and buy an annuity and maybe end up with more guaranteed income than you actually need, as doing so might hamper your flexibility should your financial situation change during retirement.