Variable annuities
annuity contracts in which the issuer pays a periodic amount linked to the investment performance of an underlying portfolio.
Similar financial terms
Stochastic variable
A variable whose future value is uncertain.
Variable annuities also provide insurance protection, promising that if you die before you begin to receive income, your beneficiaries will get at least as much as you put into the annuity, even if your underlying investments have lost money.
Variable annuities are tax-deferred retirement savings products offered by insurance companies -- but they often come with high fees. MoneyWatch's Jill Schlesinger helps you assess your options. (01:45) ...
Some variable annuities offer a fixed rate account with a guarantee of principal, such as an interest account.
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Variable annuities do not distribute current capital gains because all distributions are deferred until retirement, at which time annuitants' capital gains are taxed at a lower rate.
You may purchase qualified variable annuities, which are offered as options within an employer sponsored retirement savings plan, or nonqualified variable annuities.
This exam allows the registered representative to sell mutual funds, and with an additional state insurance license to sell variable annuities and variable life insurance.
There are several types of death benefits with variable annuities, including: Current account value or initial investment (whichever is greater), in which the beneficiary receives the vale of the annuity when the policyholder dies; Rising floor, ...
Consider the costs associated with variable annuities. Be aware that most variable annuities have sales charges, including asset-based sales charges or surrender charges.
The valuation period refers to variable annuities. Annuities are financial products that provide an income source in retirement.
contract offered by an insurance company that allows an investor to mix the benefits of both fixed and variable annuities. Also called combination annuity.
MORTALITY AND EXPENSE RISKS (M&E) CHARGE: This fee only applies to variable annuities.
Annuity offered by an insurance company that permits investors to combine the benefits of both fixed and variable annuities--also called "combination annuity.
Fixed annuities require insurance companies to make set payments over the term of a contract. Variable annuities are subject to fluctuations due to the related investments and, therefore, the payments you receive will vary.
Separate Account - Refers to an insurance company's account which supports some it its products, in particular, variable annuities and life products.
Under United States tax law, for example, most owners of variable annuities and variable life insurance can invest their premium payments in the stock market and defer or eliminate paying any taxes on their investments until withdrawals are made.
In addition to traditional fixed annuities, most 403(b) plans offer variable annuities, which offer beyond their insurance components mutual fund-like investments called "subaccounts.
Assumed Interest Rate
The growth rate built into an annuity table to calculate the payout on variable annuities.
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Commission amounts differ, but variable annuities usually provide a fairly highly paid commission for financial advisers. Some financial advisers negotiate their commission rates while others have a set commission percentage they accept.
company) to someone who invests the money for a set period of time and then pays money to the annuitant (the one receiving the annuity) when he/she reaches a certain age. Fixed annuities guarantee a fixed payment amount, while variable annuities pay ...
= a + b Tbill t + et, where RS&Pt+1 is the return on the S&P in month t+1 and Tbill is the Tbill return at month t, both RS&P and Tbill are "variables" because they change through time; i.e., they are not constant.
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They must be reported in the year the money is distributed to you.
Mutual funds held in tax-deferred accounts such as 401(k) plans, IRAs, or variable annuities are not subject to annual taxes. Only the withdrawals are subject to tax.
Conversely, an insurance agent, also known as captive agent, represents a single insurance company. Today, an appropriately licensed insurance agent may also sell various comprehensive financial products, such as mutual funds, variable annuities, ...
investment objectives and policies, risks, costs and past performance, 2) variable life insurance policies, including discussions of the sub-accounts available including their risks, costs, objectives and past performance, and 3) variable annuities, ...
 See also: Banks, Life insurance policy, Expense, Death benefit, Saving
  
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