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Variable Annuities Articles

 

Displaying Results for Variable Annuities

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If your thinking of buying an annuity, then you need to know which is the right annuity for you! We introduce you to some of the more popular annuities.

An annuity is simply a contract whereby for a fee you can be guaranteed an income for the entirety of your retired life. The regular income from an annuity can offer you security for when you retire. Annuities must not be taken lightly though and it is always recommended that you take the advice of a professional before decide to take up any annuities.

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There are many different situations when you will benefit if you buy annuity - an investment option offered by insurance companies. Annuities allow you to accumulate savings and start receiving the evenly distributed payouts after the accumulation period has passed. There are several things that you need to know when you buy annuity investment vehicles.

Indexed annuity is one of the most recent annuity investment types and is somewhat different from fixed or variable annuity. If you are considering purchasing annuity for one reason or another (usually as a retirement investment vehicle), you should definitely consider indexed annuity investments. Let's first look at what the indexed annuity is.

Choose an annuity quote that comes from the right source. Ensure that your agent is licensed, knowledgeable, reputable and experienced. It is always best to go for an agent that comes as a recommended source. Further, you can opt to receive multiple annuity quotes so you have a choice in front of you.

I've disliked variable annuities for many years because of their high fees and onerous surrender penalties. Now, low-cost variable annuities are available that slash fees and do away with the surrender penalties. Does this change my opinion on the use of variable annuities? Read on to find out.

Many people who have some type of annuity investments (fixed, variable or indexed) are not aware that selling annuity is actually possible and is commonly done by many investors. There could be many different reasons why you may want to consider selling annuity investments.

What types of annuities are available?

There are basically two types of annuities - fixed and variable.

A fixed annuity earns an assured interest rate in a definite period of time. If the period of times expires, there will be a new interest rate for the next period.

Variable annuities have more funding options than fixed annuities since their performance depends on the option of investment of the principal and return vary.

Are you confused about annuities? Not sure what they are and how they can benefit you? We introduce you to the annuity and show you why they may be of interest to you!

Annuities can provide both diversity and a secure addition to your retirement savings.

Annuities and Certificate of Deposits are financial investment instruments which have very similar features. Annuities normally require an up-front payment which will be used to provide a series of deferred payments in the future.

If you've talked to a broker or agent about rolling over your retirement account, there's a good chance the advisor recommended you invest in a Variable Annuity. Don't do it! I believe the only reason a variable annuity is recommended for an IRA is so the advisor can earn more money. Let me explain.

This article is about annuities and some of the disadvantages to having them.

Many people are confused about annuities and just aren't sure what they are and who they can benefit. We introduce you to the annuity and show you who they could benefit.

Variable Annuities now offer a Guaranteed Minimum Withdrawal Benefit which allows you to earn 5 per cent or 6 per cent even if the market drops significantly. Undoubtedly, you will be pitched a variable annuity or pressured to transfer your existing one into a new contract with this benefit. Should you? Read on to uncover the truth behind this feature and see if it's right for you.

If you are interested in making your money grow over time, you should know about an investment instrument called fixed annuity. Fixed annuity is an investment option offered by different insurance companies.

Last week I shared with you the real reason advisors push IRA accounts into variable annuities: the commission. If you're getting ready to retire with a large IRA rollover, or your current IRA account is nearing the end of any surrender penalties, chances are you'll be pitched this product. So this week I'm going to reveal more secrets about the truth behind the variable annuity sales pitch.

If you are in a place where you are thinking about selling annuities, you already know that annuities are a great money earner, but how can you convince other people of this? No matter how you are selling them, whether you are working for a larger company or you are working freelance, selling annuities can be something of a bear unless you are coming at with the right angle. There are plenty of people out there who do quite well selling annuities, but what can you do to be a super seller?

Wondering about the fine print on variable annuities? Check out Jeff's latest article.

I believe that Equity Indexed Annuities and the sales practices used to sell them may well be the Next Big Investment Scandal you will hear about. You need to understand why and to think twice before you purchase one of these products.

 
 
 

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