Annuity Quotes
Annuity quotes may be one of the most important quote you ever received in your investment career. The reason is simple. According to current mortality tables, if you are the average 65 year old American, you will live an additional 18 years. Statistics show that a large number of retirees will live much longer. Because Americans are living longer, they are very concerned they will outlive their retirement income. Given the current state of affairs in the stock and real estate markets, these people have very real reasons for concern. Read More…
Annuity Funds
Annuity funds are nothing more than either money invested into an annuity or money received from an annuity. The difference is the time period at which you are at with the annuity. If you are just opening an annuity, these are funds that will be invested by you. If you already have an annuity, these are funds that will be received by you at some future period of time. Read More…
Split Annuity
A split annuity is a strategy and not an actual annuity. While a split annuity is a combination of two annuities, it by itself is not an annuity. That may sound like a bit of double speak until you understand its components. The first component is a single premium immediate annuity that pays the owner of the split annuity an immediate monthly income. This is the income portion of a split annuity.Read More…
Annuity Definition
Annuity definition, in relative terms, comes from the field of finance theory. Since all financial transactions are theoretical in nature until they actually happen this makes sense. Whether or not the transaction is profitable or successful is not part of this discussion. Read More…
Annuity Purchase
An annuity purchase is like any other purchase except when an annuity is generally for the long term. An annuity is used to accumulate money for a future time when you will want an income on a regular basis. Read More…
Variable Annuity
A variable annuity is an annuity in the truest definition of annuity. The particular make-up of a variable annuity is what sets it apart from other annuities. Read More…
Annuity Products
Annuity products are regulated by three levels of government. The federal government regulates variable annuities through the Securities and Exchange Commission and the Financial Industry Regulatory Authority, Inc. The state governments regulate annuities through their respective Insurance Department. All annuities have to comply with the Internal Revenue Code. Read More…
Annuities Explained
Annuities are sometimes difficult to understand especially if you are not a finance oriented person. Hence, the simple explanation of annuities is that they are term deposits with insurance companies. The industry started with two types of annuities, fixed and variable then added an index annuity. The nice thing about all three types is they have a lot in common so it makes them easier to understand. Read More…
Immediate Fixed Annuity
An immediate fixed annuity has been called the classic annuity because a person begins to receive periodic checks after the first month of investment. Hence, immediate means it starts in a relatively short period of time and fixed means the check will be the same amount every time. Read More…
How Equity Indexed Annuities Work
An equity-indexed annuity is an annuity that is different from a traditional interest bearing annuity. An equity-indexed annuity earns its interest by being linked to a stock or other equity index. Read More…