Annuity

RECENT NEWS
Motley Fool  Dec 5  Comment 
If you don't expect to receive enough Social Security income to fully support you in retirement, you need to be setting up other income streams. A fixed annuity might be just what you need, generating pension-like income.
Motley Fool  Dec 5  Comment 
Mondo Visione  Nov 25  Comment 
Annuity providers will be required to inform their customers how much they could gain from shopping around and switching provider before they purchase an annuity under plans announced today by the Financial Conduct Authority...
CNNMoney.com  Nov 16  Comment 
My wife and I are retired and drawing Social Security. We also have $200,000 in a retirement account that's invested in a CD. We're thinking of transferring that money to an immediate annuity. Do you think that's a good idea? --Anthony, Arizona
Motley Fool  Nov 13  Comment 
The low-cost provider of investments offers annuities through insurance company partners.
Motley Fool  Nov 7  Comment 
Not sure how annuities work? Here are a few things to know before purchasing an annuity.
New York Times  Oct 28  Comment 
Schoolteachers and other government and nonprofit workers are often at the mercy of confusing contracts tied to arcane investments, sold by representatives who may not understand them.
New York Times  Oct 26  Comment 
A look inside the high-pressure job of selling workplace annuities to public schoolteachers.
guardian.co.uk  Oct 18  Comment 
Former chancellor George Osborne’s plan to allow pensioners to sell existing annuities too risky, suggests minister Plans to allow millions of people to raise money by selling their pension annuities have been scrapped by the government, amid...
Forbes  Oct 17  Comment 
Retirement income planning can be like hitting a moving target in the wind. The target keeps moving because you do not know when you will retire, how much money you will need, or how long you will live. The wind is there because there is not an...




 
TOP CONTRIBUTORS

A financial product sold by financial institutions that is designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time. Annuities are primarily used as a means of securing a steady cash flow for an individual during their retirement years.

Annuities can be structured according to a wide array of details and factors, such as the duration of time that payments from the annuity can be guaranteed to continue. Annuities can be created so that, upon annuitization, payments will continue so long as either the annuitant or their spouse is alive. Alternatively, annuities can be structured to pay out funds for a fixed amount of time, such as 20 years, regardless of how long the annuitant lives.

Annuities can be structured to provide fixed periodic payments to the annuitant or variable payments. The intent of variable annuities is to allow the annuitant to receive greater payments if investments of the annuity fund do well and smaller payments if its investments do poorly. This provides for a less stable cash flow than a fixed annuity, but allows the annuitant to reap the benefits of strong returns from their fund's investments.

The different ways in which annuities can be structured provide individuals seeking annuities the flexibility to construct an annuity contract that will best meet their needs.

All annuities have a free look period, a death benefit, guarantees, and annuitization options. Most have surrender periods.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki