The calculation of an immediate annuity is straightforward, because it is simply the present value of the future cash flows, discounted at the annuity's interest rate. The formula is PV = P {[1 - (1 / ((1+i)^n)] / i}. In this formula, P represents the amount of each payment, ...
You're looking for an income annuity estimator for Immediate and Deferred Annuities. I'll do you one better. How about calculators that will give you down to the penny, the contractual guarantee of the policy, and finding the best contractual guarantee f
One of the fastest growing sectors of the annuity world is the 'guaranteed lifetime income starting at a future date' product line. These are commonly referred to as Deferred Income Annuities (DIAs).
For single life annuity income options, the owner and annuitant must be the same (unless a nonnatural owner) For joint life annuity income options, the owner and annuitant do not need to be the same; however, the owner must be one of the annuitants Joint owners/annuitants must be spouses...
Let's assume you invest $1,000 in a tax-deferred savings account like a 401(k) plan, an IRA, or a tax-deferred annuity. If the account value grows 5% from the increased value of the investments or interest income, your account would have a balance of $1,050 at the end of the ye...