Income Annuity
An income annuity is exactly what its name describes. These annuities turn some, or all, of your savings into a payment stream. The payment stream is almost always a monthly check. Obviously the amount you put in and how long you want the payments to last dictates the size of the monthly payments. 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…
Annuities Pros And Cons
Given this is true what are the pros and cons of annuities? First, if a person is looking for a lifetime income, an immediate annuity contract is their ticket to that income. Immediate annuities guarantee periodic payments to the annuitant for as long as they live. Read More…
Bonus Annuities
Annuities have been a viable product since the 1600’s when they were created. In the ensuing 400 years, annuities have undergone a number of changes. The latest addition to the family of annuities is called a Bonus Annuity. As the name implies, this is an annuity that pays a bonus. Read More…
Income annuities are just that. Annuities providing the contract owner, commonly called annuitant, monthly income. As it turns out, income annuities are also called ‘single premium immediate annuities’, ‘immediate annuities’ or ‘payout annuities’. Read More…
Lifetime annuities have a very simple and easy to understand basic concept. By the way, lifetime annuities are also known as immediate annuities. So if you hear either term, you will know they are the same type of annuity. Read More…
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…
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…
BPA Select Annuity
The BPA Select Annuity is a great vehicle to help grow your retirement savings. With some extraordinary guarantees this is one hot product. Let Nevada Annuity Man show you all about the BPA Select Annuity today. Read More…
FIXED INCOME ANNUITIES
The fixed income annuity is called a fixed income annuity because of the insurance company’s willingness to pay the annuitant a fixed income for a period of time based upon the value of the annuity. It is a contract, like all other annuity type contracts, between an annuitant, sometimes called an investor, and an insurance company. Read More…