search
search

Annuities

An annuity is an agreement for one person or organization, typically a life insurance company, to pay another person a series of guaranteed payments. One of the major benefits of annuities is that they offer tax-deferred growth of earnings, allowing the assets therein to compound at a faster rate than if taxes on gains were imposed.

Generally speaking, there are two types of annuities - fixed and variable:

  • Fixed annuity - the insurance company guarantees the following: your account will earn a minimum rate of interest; periodic payments will be a guaranteed dollar amount; and these periodic payments will last for a certain amount of time.

  • Variable Annuity – assets placed in the annuity are invested among a range of different investment options, generally mutual funds. The rate of return and the amount of the periodic payments one eventually receives vary depending on the performance of the investment options selected.
Annuities also offer a number of other features such as death benefits, living benefits, and other guarantees to make the products more attractive to investors. Some of these features are included within the standard costs of the annuity, while others – referred to as a Rider - may carry an additional fee.

Annuities can be an excellent investment solution for some individuals, not such a good idea for others. Advisors need to exercise prudent suitability standards when making recommendations to clients about the use of annuities as a retirement savings vehicle.

Let VendorPedia help you with additional Annuity resources!

Recommended Training Courses:

Annuities
VendorPedia.com is your interactive online directory of businesses who offer annuity products, annuity services and annuity training. Whether you are searching for more information about Fixed Annuities, Variable Annuities or Equity Index Annuities, VendorPedia has the annuity resources you are seeking! To find these annuity resources, use the search box below and select “Annuities” from the drop-down list.
Online Training Courses
Find Seminars, Webinars, And Online Training In Your Area
Licensing
Earn your License quickly and easily!
Designations / Certifications
Improve your knowledge and industry standing!
Professional Development
Products & Services to help manage and grow your career!
Share on Facebook


Share on Twitter
About Us Privacy Guarantee Affiliate List Your Courses Contact Us My Account
Google+ FacebookABTrainingCenter.com. 5755 North Point Parkway, Suite 227 | Alpharetta, GA 30022 | 770-410-9375 | support@ABTrainingCenter.com
Copyright ABTrainingCenter.com 2018 | Web Site Development by OTAU