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Fixed Annuity For The Senior Citizens In USA

When you look around, you will agree that having a secure retirement plan is probably one of the most crucial things in life. It could be for yourself or even your parent. Having made numerous investment decisions in life, you will ultimately come to agree that at old age you need to be relaxing and eating the fruits of your labour and not running about looking for rental houses to live in. You could have already made a decision to buy some good stocks so that at your old age you will just be selling a small part of your investment every other time to keep you going. This is good idea but have you ever considered having a fixed annuity?

A fixed annuity is an arrangement where an individual agrees to give an insurance firm a certain amount of money either in lump sum or premiums which will be paid back to the individual either in instalments or as a lump sum. Many people take up the annuity to cater for their retirement while others the plan to safeguard their children’s education or providing for a surviving spouse if one passed away. One should always get some advice from a person in the know like an accountant because these types of annuities are not suitable for everyone.

The Internal Revenue Code (IRC) is the body that sets out the general rules with regard to annuity administration whereas the individual states set out the actual details to monitor the annuities provided. Therefore, you will find that different states have different rules with regard to administration and features of annuities. The Financial Industry Revenue Authority (FINRA) sets out the rules to be adhered to by the insurance companies that provide annuity services. It is a non governmental body that also licenses the insurance companies.

The USA fixed annuity is designed to cater for the needs of an individual especially the retired ones bearing in mind that the same individual is the one contributing the premiums and thus giving them the at most attentive benefits. You will enjoy the compounded interest for it keeps on accumulating till the annuity matures. What is more is that you are not taxed with anything when making the premium payments to the insurance company. Neither is the interest gained in the process taxed because you are not withdrawing. You will only pay tax on the interest earned when actually receiving your payout. One of the benefits of having an annuity is because of the deferred tax principle.

You will in actual sense be saving. Only that your savings will have more weight as these will earn more interest will be reaching you as an income when you retire. Your principal is also safe as the insurance company invests your premiums in government bonds or other very safe and secure ventures.

In conclusion, it is always good to plan ahead. It’s advisable to take up a fixed annuity at least ten years before your retirement age sets in.

Fixed Annuity As An Investment For Your Future

There are very many investment decisions that you can make at any single moment but you don’t because there are factors that allow or let you make those decisions. The factors are varied and diverse. Some of them include availability of money or lack of it, geographical reasons, risk averseness, returns involved, age, and others that make you or stop you from making certain investment decisions. When you look at some of the lifelong decisions that people make, it would only mean that they are very patient, disciplined or they completely understand what the returns will bring them. When you take for example the fixed annuity as a lifelong commitment that has not a lot of room to manoeuvre other than putting premiums into it you will agree that one needs to be fully prepared before taking this journey.

When looking at fixed annuity as future investment, be it for retirement as many prefer or for your children’s education trust or even taking care of your surviving spouse and children when you passed away, you are assured of getting a sure steady flow of income. Although you won’t be withdrawing unless under special circumstances, the interest earned accumulates and will end up being more than just keeping your money in a bank account. The returns are always higher at the onset of the annuity but as time passes, the insurances company reduces it but never below the minimum rate that has been stipulated in the contract. The rate may go down due to market factors affecting your investment and the market in general.

It serves as a very ideal way of saving for your old age. Quite a number of people can’t resist the urge to always break a fixed deposit account or a general savings account because there are no severe repercussions. In the fixed annuity case, you will have to maintain your cool all throughout because you stand to lose up to 25% of your principal on surrender charges if you withdraw the annuity early in life and another 10% on taxes to the government. If you are under the age of 59.5 years, you are not encouraged to withdraw an annuity because the above charges with be attached to your drawings. However as time goes on you can make some allowable withdrawals.

A fixed annuity plan earns an interest that is compounded. The interest keeps on growing and since you are not withdrawing it the government will not charge any tax on it. This is most ideal because when you are making the premiums you are in a high income bracket and you aren’t charged tax on the premiums but when receiving the payout you are most likely to be in a lower income bracket whereby the tax deferred will be lower.

There is always the comfort and security that comes when you are assured that there is a steady flow of income whether you are young or old.

Fixed Annuity and its 2 Kinds

You can surmount the financial challenges that characterize retirement period if you take time to make the right investment while you’re still in active service. Annuity for retirement is one of the best investments you can make in order to safeguard your future retirement. It’s a good insurance policy that ensures you have some cash to spend when you finally retire from active services.

There are two basic categories of annuity for retirement. They include Fixed and Variable Annuities.  In this write-up, the focus is on fixed annuity. You need to know exactly what it is and how you can benefit a lot from it.

Simply put, Fixed Annuity is a kind of contract you have with a reliable insurance company. It’s all about giving the insurance company your money to manage for you. The company pays you a guaranteed return from the investment as well.

The fixed annuity as a category of annuity for retirement can also be deferred or immediate.  Let’s examine them.

ImmediateAnnuityDeferred fixed annuity

With this kind of annuity, you’ll be receiving a guaranteed amount of interest which will keep on accumulating in the annuity contract you signed with the insurance company. In most cases, the interest rate involved is tax deferred.  You’ll not need to pay any income take until you make your withdrawals.

Oftentimes, deferred   fixed annuity as a kind of annuity for retirement can have very high surrender charges. This is exactly the downside of it.  The surrender charges   may be in place to stop you from making cash withdrawals for   a specified period of 5 to 10 years or even more than that.

Again, a deferred fixed annuity may give you the opportunity of having up to 10% of the contract value every year without any need of paying any kind of surrender charge.

Immediate Fixed annuity

This kind of fixed annuity is a type of   annuity for retirement that allows you to exchange your lump sum of money for a guaranteed stream of income coming from the insurance company you’re dealing with.  There’s no change once the fixed annuity payment begins.  The increase in inflation doesn’t affect   it in any way.

Meanwhile, it’s important you know that once the annuity payments begin to materialize, you no longer have access to the principal cash. You only have   access to the income that accrues from it as may be promised by the insurance company you’re dealing with.

Again, you need to choose terms of payment once you’ve made up your mind to engage in any kind of annuity for retirement. As you’re trading your lump sum for a guaranteed stream of income, you have to do it according to specified payment terms.   It’s always very advisable to compare fixed annuity with other kinds of annuity for retirement   before you agree to invest your money. This gives you enough room to make the right decision. If you’re confused about the kind of annuity to choose, you can engage a good financial adviser to help you out.

Distinguishing Features of Fixed Annuity in USA

When someone gets his first job, it is always a great feeling. Actually, there are people who will be carried away by this feeling and forget that at some point they will retire. When this reality dawns on them, they could be filled with fear and even wish that they could work forever. However, that is not possible.

Luckily, there are various ways of securing the days after retirement. One of them is to invest in a fixed annuity. These are available in two options. One, there is the deferred option. In this case, you will deposit money into your insurance account. Then this money will earn interest without any tax charges. Therefore, it will grow at almost exponential rates. However, once you make the deposit you will only be able to access the money after your retirement. Otherwise, prior withdrawals will require that you pay some huge penalties. It is also necessary to note that this is a favorable retirement scheme for young people.

The second fixed annuity option works best for people who are just about to retire. It is the immediate annuities. In this case, you will make a lump sum deposit which could be from your retirement benefits. The advantage with this venture is that you may not have to wait for a certain number of years for you to start receiving your periodic payments. However, irrespective of the option that you use, you have an opportunity of having a regular source of income just as if you are still employed. Moreover, you will receive these payments for the rest of your life.

Irrespective of the option or insuring firm that you will use, some features identify the fixed type of annuities. Here are these features.

a)            Single premium – These investments require that you deposit your money only as stated in the contract. Once this is done, you cannot add any deposits. Your only chance to invest more money would be to buy a new annuity contract.

b)            Guarantee rate – With these investments, you will always have the assurance of having a certain set interest rate for a given number of years.

c)            A minimum risk level – Financial analysts rate these annuities as few of the investments that do not stand any chance of losses, despite poor market performance. The only risk would be that of your insurer becoming insolvent. Therefore, always research to ensure that this firm is unlikely to get into such a mess.

d)            Retirement income – Once you stop working, you would like to continue having a comfortable life. This requires a regular source of income. Having some fixed annuity investment will provide you with this security.

e)            Returns of between 3 and 10% – These types of annuities will earn more money for you that you are likely to get from interest rates in a savings account. This advantage basically comes from the absence of taxes on the interest money.

f)             A source of income for all your days – When you retire, there is a chance that your investment will collapse and dive into some abject poverty. However, when you invest in the fixed option of annuities, you can consider receiving regular monthly payments for a lifetime. In this case, you may not need to worry about losing your investment.

g)            Absence of management stress – If you start up a business, you will definitely need to oversee its running. This can cause you plenty of headaches. However, with these annuities you may not need to worry about anything after depositing your investment principal.

Require a free & immediate annuity quote? Simply enter your zip on the top of this page followed by some basic information to find out if an annuity is a good fit for you.

Different Parameters of Calculating Fixed Annuity in USA Through Fixed Annuity Calculators

When you decide to invest for your retirement in a fixed annuity, you will want to calculate several figures for you to find out if the venture is feasible. For a start, this annuity is just like a life insurance policy. However, it involves depositing some money which earns some tax-free interest and then you are paid the resulting amount in periodic amounts. Therefore, there are two different durations within this investment.

The first duration is that which the person buying this policy will be required to pay his investment amount. This is possible as a single payment in bulk or as a number of premium payments. Once this person retires, the second duration of receiving payments starts. These payments usually happen every month but there are instances when you can receive them quarterly or annually. Some of the values that you would like to calculate are these periodic payments. Many people might wonder where you will get calculators for annuity.

Well, you can easily find a fixed annuity calculator from various websites. Some will belong to insurance firms, whereas there are those that are from independent vendors. For instance, a calculator could allow you to find the value of one parameter so long as you have three others for your fixed annuity. All these parameters will be the total amount invested, your annual payment, years invested and interest rate. However, different fixed annuity calculators will calculate different parameters depending on their designs. Listed below are some of these parameters.

1.            Starting balance – Whenever you decide to invest in any venture, you will have a planned amount of money that you will be willing to put into such a scheme. Most calculators refer to this amount as starting balance.

2.            Annual contribution – During the accumulation period when you are supposed to pay your investment money to the insuring firm, you will have certain premiums amount for every year. This is the annual contribution.

3.            Current age – This is the age of the annuitant when he signs his contract and it is necessary since the calculator is able to know when the distribution phase will start.

4.            Withdrawal age – This is the age of the annuitant at the time he will start receiving his periodic payments.

5.            Current tax rate – Every investor belongs to a certain tax bracket. This bracket is referred to as current tax rate, which will be necessary to determine if there will be any tax for the invested amount.

6.            Retirement tax rate – This is the tax category, which the annuitant will belong to when he or she retires. It will determine how much he will have to pay for the earned interests.

7.            Surrender charges – You need to understand that most firms allow annuitants to withdraw only 10% (per annum) of their investment during the accumulation period. However, if you decide to make large withdrawals, you will be subjected to some penalty amount by the financial institution. This penalty amount is the surrender charges. These charges are also imposed when you end a contract before its maturity time.

8.            Initial interest rate – When you invest in a fixed annuity, there is the minimum rate of interest that the insurer will assure you to get irrespective of market changes. This value is called the initial interest rate.

9.            Years of guaranteed initial rate – when you sign your annuity contract, there will be the number of years during which the rate given for the first year will remain constant. These years are referred to by this term.

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Deferred Fixed Annuity In USA And Its Advantages

The best investment should not be a gamble. It should assure you of some security as well as some minimum returns. When you are investing for your retirement, this situation is even more serious. It would be heart breaking to learn that your lifetime savings are lost in a scheme which makes a 100% loss. Unfortunately, very few schemes will have such features. Luckily, there are annuities which might be able to offer you this surety. The deferred option of fixed annuity is one that you might favor.

FindAnnuitiesThe first thing that you need to know about these schemes is how to deposit your principal. Insurance firms give you two options for depositing the amount that you want to invest in the scheme. First, you can deposit the money at once if you have the entire amount. Second, you can pay the principal in bits over a long period so long as your contract allows. The second option is may be appealing to most people especially the ones that realize the importance of investing early enough. Therefore, they are able to invest enough before they get to their retirement age.

When getting into a deferred fixed annuity investment scheme, you need to know that there is an accumulation period. During this time, you are not supposed to withdraw any part of your principal or its earned interest. However, there are some exceptions which you can take advantage. One, you can withdraw some amount for paying college fees for your dependent. Two, you can also get some money for purchasing your first house. Three, there are provisions for withdrawing annual amounts ranging between 5% and 20% of your principal. Any other withdrawals out of these exceptions will attract some tax penalties. Therefore, if it is not necessary, you should wait for your distribution period for you to start receiving payments.

In spite of these limitations, you get very many advantages from this investment. Maybe the greatest benefit is the fact that your earned interests are not taxed during the accumulation period. Therefore, the money that was supposed to be tax adds to your principal and earns more money for you. However, it is advisable to make long-term investments for you to enjoy full benefits of the deferred fixed annuity.

When the time for payment distribution is right as described in your contract, there are many options for you to receive the payments. You could choose to have a single lump sum payment or a periodic type of payments. With the latter, you can choose monthly, quarterly, half yearly or yearly. Moreover, you can choose to have these regular incomes for a specific length of time or a lifetime. The lifetime option may be the best option for people who are investing for their retirement.

You might not get that advantage from any other investment scheme. In addition, these schemes allow you to name a beneficiary. The person you name gets all your regular payments if you die before receiving all your due payments. The least amount of incomes that can be distributed to the beneficiary is the balance from your invested money. However, most insurance firms will even pay this person the earned interest.

Considering all these advantages, it is obvious that the deferred fixed option of annuities is good invest options for your retirement. However, you should research on the firm that you want to invest in, to have the assurance that this firm will stay in operation for all your investment time. Otherwise, if such a firm collapses then your investment would also be lost.

To learn more, simply enter your zip code at the top of the page and you’ll receive a free & immediate annuity quote. Start comparing now to see which annuity fit the best for you!

An Overview of 1035 exchange of A Fixed Annuity

Sometimes it gets necessary to terminate your current fixed annuity scheme and buy a different new scheme. Normally, the premature termination of an active plan leads to some huge tax penalties. Therefore, some money, which you could have used in other areas, is lost. The 1035 exchange provides guidelines under which such a transaction can take place without any taxes being imposed on a person. The name comes from the IRS code section of 1035a to 1035d. However, there are strict guidelines for these transactions.

The first thing that you should ensure is that you can only sell one annuity and then buy similar one ad well. Moreover, it is also stated that you should only buy assets of equal amounts only. You should not sell the venture. Keep some money and use the balance to buy a new scheme. That would attract some penalty. The third requirement is that you should actually not withdraw the money for you to get cash. Instead, you may try to make the sell and purchase transactions between the concerned firms. This means that you should try to avoid the temptation of taking the cash with you. Otherwise, you will find yourself not enjoying the privilege of not paying taxes.

The 1035 exchange of a fixed annuity in United States has many benefits. One, the fact that there are no taxes involved in this transaction means that any investor can change his current annuity for a more competitive rate. Therefore, the person will make more money with the same capital. Two, since most firms would want to keep their customers, they usually provide more competitive rates. The investors stand to benefit as well. Three, there are some firms that might not provide satisfactory death benefits. As a result, an investor in such a situation is able to search for a better deal where he will have better benefits if he dies before getting all his payments. Such benefits ensure that someone’s money never goes into waste. Another reason that might cause an investor to change his annuity for another is the decrease in the rating of an insurer by any of the bureaus. Therefore, the investor prevents any possible loss of his investment due to the collapse of such a firm. Even though you do not pay taxes, you have to follow a certain process before selling doing the 1035 exchange for your fixed annuity investment.

The first step of the process is to apply for the new annuity with a firm of the investor’s choice. This new firm is usually designated as the custodian of the investor’s money. After that, this firm will evaluate your application. If they find it befitting to grant your request, they will send a 1035 exchange to the firm that you had initially invested in. Moreover, the new firm requests the old insurer to send the investor’s money to them as well.

However, a request for transfer of your money can take as long as six months before being successfully done. This is because the old firm will want to keep you as a customer. These firms only release your funds if they fail in keeping you as their client. That is when they usually send your money to the address in the 1035 exchange request form.

Moreover, the old insurer also provides the new insurer with the information necessary for taxation purposes. However, when you succeed in the exchange, you can always reverse the process within a period of month. This is if you are not impressed by the new firm.

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All The Important Terms You Need To Know Form Fixed Annuity Glossary In USA

FindAnnuities1035 Exchange

The 1035 exchange is the term used to refer to the tax-free transfer of an annuity contract from an insurance company to another insurance company.

401(k) Plan

The 401(k) Plan is a design offered by for-profit business that allows employers to give contributions to a retirement savings plan on a tax deferred basis.

403(b) Plan

The 403(b) Plan is basically similar to the 401(k) Plan, but it is generally offered by non-profit organizations. This plan allows retirement savings plan contributions from the employees to grow on a tax-deferred basis until they are withdrawn.

Account Value

Account Value refers to the total value of the annuity. That is the sum of the principal and the interest.

Accrued Monthly Benefit (AMB)

The AMB is the accrued monthly benefit given to an employee based on his/her years of service to the employer after he/she has reached the regular retirement age. This benefit which is considered as a pension  is given to the employee every month upon his/her retirement.

After-Tax Dollars

After tax dollars refer to the amount of money left after the payment of the corresponding tax.

Annuitant

The annuitant is the individual who receives an annuity.

Bailout Provision

Bailout provision allows a fixed annuity owner to withdraw all of his/her annuity funds without a withdrawal charge when the interest rate unpredictably falls below the rate specified in the contract.

Before-Tax Dollar

Before-tax dollar refers to the amount of money that has not yet been charged with corresponding tax.

Beneficiary

The beneficiary is the person chosen by the annuity owner to receive the annuity income and benefits upon his/her death. This is typically the annuitant’s spouse or children.

Compound Interest

Compound interest is the interest that accrues on the principal investment and its accumulated interest.

Death Benefit

The death benefit is the amount given to the annuity beneficiary upon the death of the owner of the annuity contract.

Enhanced Dollar Cost Averaging Program

The Enhanced Dollar Cost Averaging Program provides a higher interest rate in particular cases like new minimum purchase payments within a limited period of time.

Fixed Annuity Contract

The fixed annuity contract is a contract between the annuity owner and the insurance company. In this contract, the insurance company guarantees a regular fixed monthly income for the annuity owner in exchange for his/her payment of premiums to the insurance company.

Fixed Income Annuities

The fixed income annuities refer to the fixed dollar amount that is returned to the beneficiary.

Fixed Rate Annuity

The fixed rate annuity is a type of a fixed annuity plan that offers a fixed interest rate on the account of the value. The fixed interest rate guarantees a fixed growth and fixed income for the annuity owner all throughout the duration of the distributions.

Initial Interest Rate

Initial interest rate is applied to the first deposit to a deferred fixed annuity. This interest rate is guaranteed in the annuity contract.

Insurer

The insurer is the company that collects the annuity owner’s payment for his/her investment premium.

Premium Bonus

Premium bonus, also called bonus annuity, refers to a feature common to all kinds of annuities. In this feature, the insurance company basically adds a certain amount of money to the annuity owner’s account during the first year. This additional money, or the bonus, can be given in the form of a higher interest rate during the first year, or a partial premium match by the company.

Retirement Annuity

Retirement annuity is another term used to refer to the fixed annuity. This term is used to highlight the annuity’s ability to provide a steady stream of income to the retiree (the annuity owner) in his lifetime. With the lifetime option applied to the annuity contract, the income of the annuity owners will not run out for as long as they are still living.

Surrender Charge

Also called withdrawal charge or back-end charge, surrender charge is the fee that is charged to the annuity owner’s account when the account is cancelled before the appointed time of the contract’s maturity. There are a few annuity contracts that do not feature any surrender charge, but most annuity contracts do. The decreasing surrender charge is the most common structure. In this structure, the surrender charge decreases every year until it phases out over time. Generally, by the end of the contract length, the surrender charge eventually becomes zero.

Prepare for a brighter tomorrow now you understand some terms from fixed annuity glossary! Enter your zip on the top of this page. Answer some basic questions to compare multiple providers to find out your highest eligible rate. (Note: Answering these questions is important because each of our partners will provide you different rates depending on your individual circumstances and situation.)

Advantages Of Fixed Annuity As A Retirement Plan

The greatest worry for a retiree is if he will have a source of income or not after he leaves his current job. Even if there are benefits received from your employer at this time, these might not be of a great use to you. This is because such huge amounts of money are easily mismanaged. Mismanagement is not necessarily putting the money into some bad use. You could buy an asset, which is a good thing. However, what happens when this money gets finished whereas you do not have another source of income?

To ensure that you do not find yourself in such a rhetoric question’s predicament, investing in an annuity may be an excellent option. This is because one of the advantages that you enjoy from a fixed type of annuity is receiving regular payments from the time that you leave your job. In most cases, you will also stand the chance of including someone who will receive any money that you might have been paid at the time of your death. This person is referred to as the beneficiary. Different firms will have varying policies with regard to paying a beneficiary. However, the worst-case scenario will be the beneficiary receiving only the balance for the amount invested in a fixed annuity.

The second benefit is witnessed during the accumulation period. This is the time that you are not supposed to withdraw your money, which is usually before your retirement. Within this duration, your capital will earn interest, which will compound on the capital and earn more interest. This interest is not subjected to any tax. This is where this second benefit comes from. It is as if you will be earning some extra money, which is added to your capital. It is extra money because in another invest scheme or in a savings account you would have to pay taxes on any interest earned. Therefore, for the deferred annuity, you actually end up making more money for the accumulation period. On the same note, you may be assured of not making losses. This is because your annuity is independent of the market trends. Therefore, even when markets are at their worst, you will not only be assured of not losing your principal, but you also have a guaranteed interest rate.

Thirdly, different people will have different investment ability. There are people who will invest millions while others will only invest a few thousands. Some investment schemes do not allow people to invest beyond certain limits. This can be considered unfair for the people who want to invest largely. Luckily, investing in a fixed annuity may not present you with such disappointments. You can deposit as much money into your account as you would like to invest.

The fourth advantage is the absence of stress in managing your investment. Supposing that you invest in stock markets directly, you would have to be on the lookout for the appropriate trading points. Determining these points requires time. Moreover, you would also have to learn about the various trading strategies and platforms for you to trade efficiently. In brief, all this would be very demanding especially when you consider that you will be retired. However, with an annuity investment, once you enter into a contract with the insurer, you will not have to worry yourself on how to earn interests. The firm takes care of all that. You will just wait for your regular payments when the time is right.

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3 Main Categories of Fixed Annuity in US

Different people hold varying views about a fixed annuity investment scheme. Getting advice from such people can actually confuse you as you decide on how to secure your retirement days. However, after reading this article, you should have a better understanding of different annuities and such a decision will be an easy one for you.

To begin with, all these annuities are types of insurance investment schemes. Therefore, once you enter into a contract with such a financial institution, you will have to deposit your principal amount first. After the agreed duration, the firm starts paying you as per the contract dictates. There are three main categories of annuities: fixed, variable and indexed annuity categories. Let us consider each of them at a time.

With the fixed category of annuities, the financial institution invests your money in schemes such as bonds and mortgages, which are also known as debt-investment. These are the sources of your investment’s interest. If you are a conservative person, then this is your most appropriate annuity. This is because you will not stand any chance of losing the money that you invest and there is always a minimum interest amount for you. The guaranteed interest varies every year. With the fixed annuity, you are supposed to receive payments from the insurer after your retirement. This means that once you deposit your principal, you have to wait for some years before enjoying the benefits of your investment. However, there is the subcategory of the immediate annuity, which allows you to start receiving these payments soon after making your deposit. The greatest advantages with the fixed category are the tax-free interest accumulation and lifetime payments.

The variable annuity works a little differently. To start with, you do not get any assurance of a minimum interest rate. This is because your return rates depend on the market trends for the equity based instruments in which the insurer invests your money. Actually, this annuity category is best suited for someone with sufficient knowledge in the stock markets. Therefore, he is able to choose the most appropriate instruments. Even though this investment’s returns vary with the markets, history has shown that barely do investors incur losses. One of the advantages of this scheme is that any interest that is earned will not be taxed up to the time that you withdraw it. Therefore, you will essentially have more principal than you should have so long as you are making profits. A second advantage is the fact that you can invest as much money as you would like. However, you can only deposit the money at once rather than in instalments.

With the index annuity, financial institutions place investors’ money in equities index such as S&P 500. Just like the fixed annuity, this scheme has an assured interest rate, which protects you from incurring losses when the market is performing poorly. However, when the markets are doing extremely well, you will not benefit from all the interests earned. This is because insurers place limits on the maximum interests earned. Just like the other types of annuities, interests earned from your principal are not taxed until the withdrawal time. Most people appreciate this feature, especially for the retirement plans. Another unique feature with this investment is that you are supposed to deposit your principal in a single premium.  Finally, this annuity category has a participation rate. This rate defines the percentage of your investment that insurers will put in the equity index.

Start investing your money in the most reliable investment tool! Enter your zip on the top of this page, and then answer some basic questions to compare multiple providers to find out your highest eligible rate. Answering these questions is important because each of our partners will provide you different rates depending on your individual circumstances and situation.