A fixed annuity is one popular way to secure an income for retirement, with the main advantage being that the annuity guarantees you a certain amount of income.
Fixed index annuities have many variations based on factors such as the ones below. Make sure you understand the conditions of the option you’re considering, including potential fees. Whether you fund the annuity with a lump sum or in installments Whether the payout is deferred or immediate Th...
A fixed annuity is an insurance contract that pays a guaranteed rate of interest on the owner's contributions and later provides a guaranteed income.
This type of annuity comes in two different styles—fixed immediate annuities, which pay a fixed rate right now, and fixed deferred annuities, which pay at a later date. The downside of this predictability is a relatively modest annual return, generally slightly higher than the interest on acer...
Immediate annuities are commonly used as retirement investments. There are a number of factors to consider when purchasing an immediate annuity investment. The minimum payment required for the investment is usually around 10,000 US dollars (USD). The investment can be taxdeductible, but it can als...
1. Immediate Annuity Quotes ("Fixed" Version)With a fixed immediate annuity you can set up a steady income stream that you will never outlive no matter what happens to interest rates or the stock market. The payments can be made for your lifetime, for both you and your spouse's ...
A Single Premium Immediate Annuity (sometimes referred to as an "SPIA") may be the right annuity for you if you are looking for payments that begin right away and continue for the rest of your life or for a specified period of time. The annuity is purchased from an insurance company ...
A fixed-indexed annuity is a type of insurance product for long-term, tax-deferred savings. They are based on the stock markets index performance- but with more protection against losses than average bonds. There is still risk involved- more so than with most safe haven assets- but the pote...
The indexed annuity is a hybrid of the fixed interest annuity and the variable annuity: The insurance company pays a rate of return on your annuity premiums (less any applicable charges) that is tied to a stock market index, such as the Standard & Poor's 500 Composite Stock Price Index...
Annuitization: When you annuitize your annuity contract, you’ll receive fixed, regular payments for the same amount, typically monthly, quarterly or annually. Once your contract is annuitized, you cannot change it. You can decide if payments will continue for a certain number of years such as...