Annuities

Millions of people acquire annuity contracts for a variety of reasons, ranging from variable to fixed annuities. These goals can include everything from long-term income to asset protection and tax-advantaged growth. Each annuity has a varied maturity duration because it is a contract. Your annuity’s maturity duration may be as short as a few years, […]

If you sell or remove money from a variable annuity during the “surrender period,” a predetermined period of time that normally lasts six to eight years after you purchase the annuity, you must incur a “surrender charge.” Surrender fees will diminish the value of your investment and reduce your return. What is the purpose of

After analyzing 326 annuity products from 57 insurance companies, we discovered that a $250,000 annuity will pay between $1,041 and $3,027 per month for a single lifetime and between $937 and $2,787 per month for a joint lifetime (you and your spouse). Income amounts are influenced by the age at which you purchase the annuity

A 10-year fixed annuity earning 3.25 percent is now the highest guaranteed annuity rate. Which annuity pays the highest interest? Deferred fixed annuities protect principal and typically pay greater interest rates than Treasury bonds and certificates of deposit. Guaranteed five-year annuity rates have recently ranged from 2.25 percent to 2.5 percent, compared to 1.25 percent

However, you may be concerned about the current value of the annuity you’ve acquired. Given a predetermined rate of return or discount rate, the present value of an annuity is the total cash value of all future annuity payments. The present value of an annuity might assist you in determining how much value remains in

An annuity rate is the annual percentage increase in the value of an annuity. Insurance firms set the rates for annuities. The annuity return rate is determined by the amount of money invested, the interest rate, and the contract period. What is the typical interest rate on an annuity? According to AnnuityAdvantage’s online rate database,

After analyzing 326 annuity products from 57 insurance companies, we discovered that a $250,000 annuity will pay between $1,041 and $3,027 per month for a single lifetime and between $937 and $2,787 per month for a joint lifetime (you and your spouse). Income amounts are influenced by the age at which you purchase the annuity

If you bought a $100,000 annuity at age 65 and started receiving monthly payments in 30 days, you’d get $521 per month for the rest of your life. Which annuity pays the highest interest? Deferred fixed annuities protect principal and typically pay greater interest rates than Treasury bonds and certificates of deposit. Guaranteed five-year annuity

The Best Annuity Providers Which annuity pays the most? “The Income Exchange, the Variable Annuity Exchange, and the FIA Exchange are the three services we currently offer. Right now, the systems are siloed, so getting a cross-silo view requires three different searches, but we wanted to explore what it might look like once that service

Deferred fixed annuities protect principal and typically pay greater interest rates than Treasury bonds and certificates of deposit. Guaranteed five-year annuity rates have recently ranged from 2.25 percent to 2.5 percent, compared to 1.25 percent to 1.35 percent for five-year CDs and roughly 0.80 percent for a five-year Treasury. According to Alexis Zuccaro, a wealth