NexAnnuity announced the launch of the NexCompounder Fixed Index Annuity (FIA), designed to help individuals take their retirements to the next level with growth potential, principal protection, and ...
A deferred annuity is a long-term contract with an insurance company that provides future income–often for life–in exchange for premium payments, with options like fixed, variable, and indexed types ...
A fixed deferred annuity is a deferred annuity (i.e., one in which regular annuity payments may be deferred), the value of which is represented in fixed units (U.S. Dollars) rather than variable units ...
Sales were up 1.8% when compared to the previous quarter and up 1.5% when compared to the same period last year.
A “fixed annuity” is an annuity contract in which the value is reckoned in fixed units (in the U.S., U.S. dollars). By contrast, the value of a “variable” annuity is determined by the dollar value of ...
Immediate fixed annuities and deferred fixed annuities are finding a growing market in the wake of the financial market meltdown. It’s no wonder. Their guaranteed payout rates are more than 8 percent ...
Indexed life and annuity products are the subject of many regulator meetings and class-action lawsuits. Despite that negative publicity, indexed life and annuity sales are booming. Wink, Inc. reported ...
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The purpose of annuities is to create a guaranteed fixed income stream, either now or in the future, as part of your investment portfolio. While many older investors use annuities to create a ...
A deferred annuity is a long-term investment that grows tax-deferred and provides income in retirement. Interest earnings accumulate without immediate taxes, allowing savings to grow. Taxes are paid ...
Another quarter, another record for annuities. In the first three months of 2024, annuities enjoyed their highest first-quarter sales ever recorded. Total U.S. annuity sales for Q1 were $113.5 billion ...