Variable annuities can offer a range of investment options. The value variable annuity can vary greatly depending on the performance of the investment options you chose. Typically there are three investment options available for variable annuities. Read more…
Archive for January, 2010
An annuity is a financial contract between a financial institution, which is almost always an insurance company, and an annuitant or as sometimes called, a buyer. The insurance company is referred to as an issuer. Payments into an annuity contract can be structured in two ways. The first is by a lump sum money purchase as it is called. The second method is called the periodic payment method. Read More…
The term “life annuity” actually refers to the payment time frame which the annuitant will receive his or her annuity amount. It is technically not a type of annuity. By saying life annuity, a person knows they will receive their annuity amounts for their life time. Read More…