Annuities

Annuities are insurance contracts that are sold by a variety of organizations and people having life insurance licenses. Banks, life insurance agents, stockbrokers, licensed investment advisors, and brokers are all included. If you’re thinking about buying an annuity, you should have a basic understanding of how they’re regulated. Use this information to learn more about […]

The first thing to remember is that almost every contract has the option to annuitize an annuity. The only three contract types that require you to annuitize your retirement funds are the single premium instant annuity, two-tiered annuity, and structured settlement. Structured settlements often have a different annuity settlement alternative than regular annuitized payments. In

A straight life annuity, often known as a straight life insurance, is a retirement income product that provides a benefit until death while excluding any further beneficiary payments or death benefits. A straight life annuity, like all annuities, provides a guaranteed income stream until the annuity owner dies. What distinguishes a straight life annuity from

Your premiums are invested in high-quality, fixed-income products like bonds by fixed annuity providers. The insurance company assumes all investment risk because your rate of return is guaranteed. Fixed annuities are tax-deferred investments. Does a fixed annuity have risk? Are Annuities a High or Low-Risk Investment? Annuities have a low risk profile when compared to

The current Powerball jackpot is estimated to be $457 million, with a cash option value of $331,600,000. How much does a lottery annuity pay? If you win the Powerball jackpot, you have the option of receiving the prize as an annuity, which is paid out in 30 graded instalments over 29 years at a 5%

In a variable annuity, the annuitant bears the investment risk, whereas in a fixed annuity, the insurer bears the risk. Who bears the investment risk? A 401(k) plan is a type of retirement savings plan that does not guarantee a precise sum when you retire. The employee or the company (or both) contribute to the

A deferred annuity is an agreement with an insurance company to pay the owner a regular income or a lump payment at a later period. Deferred annuities are frequently used to complement other retirement income sources, such as Social Security. Deferred annuities are not the same as immediate annuities, which start paying out straight away.

Venerable is a privately held corporation with offices in West Chester, Pennsylvania, and Des Moines, Iowa. Venerable has bought and administers legacy variable annuity business from other companies. Is Venerable a good company? Venerable Holdings (“Venerable”) announced the completion of its acquisition of Voya Financial, Inc.’s closed Block Variable Annuity (CBVA) business in a news

In China, annual fees are paid for each year of patent validity beginning with the year the patent is obtained. The first post-grant annuity must be paid within two months of receiving the Office’s Notice of Allowance. All annual fees after that should be paid in full before the due date. Does China have a

A guaranteed annuity can bring peace of mind to clients who are concerned about the longevity of their super and market volatility. They will know exactly how much income they will receive and for how long. Challenger Life and AIA Australia are the two long-term fixed annuity and lifelong annuity product providers in the Australian