Fixed and variable annuities are similar: they are tax-advantaged insurance products that can support retirees with periodic payments. This income in retirement can extend until death or after it for an annuitant's beneficiaries. However, there are also differences between the two. ...
s performance. Most fixed index annuities provide you with an interest credit floor, meaning the percentage deposited into your account annually will never fall below this figure, despite the performance of the underlying index. Additionally, theinsurerguarantees the investor’s premium deposit will ...
You can buy an annuity with either a lump sum or a series of payments, and the account’s value will grow over time. In the case of deferred annuities, this is often referred to as theaccumulation phase. The second phase is triggered when the annuity owner asks the insurer to start the...
Should you consider an index-based annuity?Fidelity Viewpoints Key takeaways Index-based annuities are products designed to provide downside protection while still allowing some growth potential. The returns of fixed-indexed and registered index-linked annuities are tied to stock market indexes, but ...
Most insurance company executives view banks as tremendous markets for their fixed annuities. But...Kapiloff, Howard
Kapiloff, Howard
Esola, Louise