Twitter Google Share on Facebook fixed annuity (redirected fromFixed Dollar Annuities) Financial n. An annuity in which payments to the annuitant are unchanging over a specified period or over the annuitant's lifetime. American Heritage® Dictionary of the English Language, Fifth Edition. Copyright...
6. Variable Annuity RatesVariable annuities do not offer fixed rates of return. The performance of these annuities is directly tied to the market returns of the investment sub-accounts selected. Think of a sub-account as individual stocks or mutual funds. Their value will fluctuate based upon ...
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Related to Fixed annuities: immediate annuity, deferred annuity, Variable annuities, Income Annuities, Indexed Annuitiesfixed annuity n. An annuity in which payments to the annuitant are unchanging over a specified period or over the annuitant's lifetime. American Heritage® Dictionary of the English...
Insurance firms typically guarantee these periodic payments for a defined length of time such as 20 years, your entire life, or the lifetime of you and your spouse. Pendleton's fixed annuity will pay for the rest of her life---and to her family members. [ILLUSTRATION OMITTED] A variable ...
Although there are different flavors of deferred annuities (fixed, variable, equity index), they all share two distinct phases: the accumulation phase, during which your money grows on a tax-deferred basis; and the payout phase, during which you begin to receive scheduled payments. Deferred annu...
There are several types of annuities, including fixed annuities, variable annuities, and indexed annuities. In a fixed annuity, the insurance company guarantees a specific interest rate on the contributions made, providing a predictable and stable income stream. Variable annuities, on the other hand,...
1. Fixed annuities Annuities that provide fixed payments. The payments are guaranteed, but the rate of return is usually minimal. 2. Variable annuities Annuities that allow an individual to choose a selection of investments that will pay an income based on the performance of the selected investmen...
Fixed Annuity: Payments are predictable amounts that do not vary. Variable Annuity: Payments vary depending on how well the fund's investments are doing. Fixed Indexed Annuity:Payments vary based on a specific index, such as the S&P 500.1 With any type of annuity, you decide when to withdraw...
Annuities come in many types. Fixed annuities guarantee set payments for their duration, while variable annuities provide payouts that can go up or down depending on the performance of the funds in which they're invested. Payouts for annuities can also be customized: Immediate annuities provide buy...