Fixed annuities are tex-deferred policies intended for retirement planning.
An annuity that provides fixed payments during the annuity period. (For contrast, see: variable annuity.)
An annuity contract with a guaranteed interest rate provided by the insurance company for the life of the contract. Fixed annuities can be either immediate or deferred.
A type of annuity that guarantees your principal and provides an investment return at least equal to a specified fixed rate until you annuitize. In addition, the amount of your payout can be fixed once you begin receiving distributions from the annuity.
An annuity having a minimum interest rate guaranteed by the company. The annuity is backed by secure investment vehicles such as corporate, government, and Agency bonds.
Unlike a variable annuity, this contract is fully guaranteed, offering fixed payments either for life or for a specified time frame. Also, unlike a variable annuity, this contract will offer a minimum guaranteed interest rate. See: Variable Annuity
Offers a guaranteed interest rate for life or a specified period of time.
Insurance contract guaranteeing that the annuitant will receive a specified amount of money each month, even if the insured person outlives his or her projected life expectancy.
An annuity that earns a fixed, guaranteed rate of return on cash values and provides fixed payments during the payout period, regardless of other economic conditions. This contrasts with a variable annuity, which features accumulation or loss based on the performance of investment funds selected by the contract owner.
a contract between you and an insurance company - You agree to pay the insurance company a single payment or a series of payments and in return, the insurance company agrees to keep
a contract in which an insurance company
a contract issued by a life insurance company
a contract issued by an insurance company that guarantees fixed payments for a specific time period
a contract issued by an insurance company, which provides a competitive interest rate
a contract under which an insurance company agrees to make fixed, periodic payments for an agreed-upon time period in exchange for a premium payment
a contract under which an insurance company makes fixed monthly payments to you for an agreed-upon time period in exchange for your premium payment
a contract with an insurance company and an individual which generally guarantees lifetime income for the individual
a deferred annuity that grows at a fixed rate of interest until its maturity date
a deferred investment which pays a stated rate of return for a stated period and
a financial contract with an insurance company whose tax-deferred growth is designed to be a source of retirement income
a financial product issued by an insurance company
a long-term, tax-deferred vehicle designed for retirement
an annuity wherein the issuer (usually an insurance company) guarantees both the interest rate paid on invested dollars and the return of principal
an insurance product designed to provide long-term, tax deferred savings
an insurance product that guarantees a future income in exchange for the payment of premiums
a retirement vehicle with earnings that are based on a guaranteed
a safe tax-deferred investment tool that can help you accumulate assets for retirement
a tax-deferred investment that offers a competitive interest rate over a specified period of time
An annuity with a benefit expressed in a stated dollar amount.
A tax deferred investment with a fixed rate of return that is designed to provide steady income for the policy holder in the retirement years.
An annuity contract in which the life insurance company credits a fixed rate of return on premiums paid.
Fixed annuities are issued by insurance companies and offer a set interest rate for a contractual period of time. They grow on a tax-deferred basis and cannot be liquidated without penalty until the investor is 59.5 years old. Some fixed annuities advertise a "guaranteed fixed interest rate" to lure customers in, but actually only provide the rate for an introductory period. The subsequent years of the contract may have a much lower guaranteed interest rate. This is a very safe investment, but should be closely examined to confirm the actual rates over the lifetime of the contract.
A tax-deferred annuity that guarantees you will earn stated or declared rates of return during the savings phase. When you convert this money into income payments, you will receive a fixed amount of income on a regular schedule.
A tax-deferred investment that guarantees a fixed payment to an annuity holder, either for a lifetime or a specified period of time.
Investment contract sold by an insurance company for an immediate or installment payment of premiums. When annuitized, the insurance company guarantees periodic fixed payments to the annuitant, either for life or for alternate periods, according to the election made by the annuitant. By guaranteeing payments, the insurance company assumes both the mortality and the investment risks of the annuitant.
an annuity, such as the TIAA Traditional Annuity, that guarantees principal and a specified interest rate plus the opportunity for dividends which vary from year to year.
Annuity whose periodic payment is a quaranteed fixed amount.
Type of contract in which the life insurance company pays an interest rate for a specific period at the time the annuity is purchased. At the end of each guaranteed period, the rate is raised or lowered based on the company's interest rate policy. Contracts guarantee a minimum rate throughout the life of the contract, with the principal guaranteed by the company.
An annuity contract in which the premiums you pay are credited with a fixed rate of return by the life insurance company, and the company guarantees a fixed payout every month.
An annuity that guarantees a specific interest rate for a specified period of time. An annuity contract in which the issuing company makes fixed (or guaranteed) dollar payments to the annuitant for the terms of the contract. Guarantees are based on the claims-paying ability of the issuing company.
A fixed annuity is an insurance contract that offers a fixed payment and a guaranteed interest rate on the contract.
An annuity where the insurer guarantees to credit the annuity account value with a fixed rate of interest for a specified period of time, for one, three, five or even ten years. At the end of the initial time period, the insurer sets a new interest rate for the next period.
Provides insurance consumers with an ensured amount of principal or interest on their assets. The amount of annual interest earned is guaranteed at a specific level set forth in the annuity policy agreement.
This type of annuity offers the stability of a fixed interest rate that is determined by the Company and is guaranteed never to be below a minimum interest rate.
An annuity contract in which premiums are placed in the general assets of the life insurance provider who guarantees a minimum fixed crediting rate during the accumulation period and a minimum payout at maturity.
Fixed Annuity is generally the term used to distinguish an annuity with a specified rate of return provided by the issuing insurance company. An annuity is an insurance product that provides lifetime retirement income in previously designated monthly installments. (Annuitization periods may not be based on life expectancy.)
An annuity, either deferred or immediate, where the deposits are accumulated at a fixed rate of interest or immediate payments are constant for the duration of the contract. Also, referred to as "book value" products. The insurance company is liable for payment of the accumulated value less any surrender charge at any time.
A contract between you and your life insurance company that's designed to provide tax-deferred growth as well as income for you, either for your lifetime or a specified period of time.
Fixed annuities are invested primarily in government securities, and high-grade corporate bonds. They offer a guaranteed rate of return, typically over a period of one to ten years. There are two basic types of fixed annuities: the Guaranteed Return Annuities (GRA) is a fixed annuity that offers a guarantee that you can never receive less than 100% of your investment -- no penalties or fluctuations in the interest rate market can impact your principal should you surrender. The Market Value Adjustment annuity (MVA) works much like the GRA, but there is no guarantee of your principal if rates rise and you surrender your contract. MVAs work like a bond and often pay more than a GRA due to the increased short-term risk of rising rates.
The traditional annuity which guarantees the periodic payment of a specified amount of income per installment for life or other specified period.
Specifies a fixed rate of interest (usually set annually based on the prevailing market interest rates) that will be paid on the amount invested in the annuity. The insurance company assumes the investment risk. Most Fixed Annuities provide a guaranteed minimum rate of interest of 3% for the life of the contract. If the interest rate falls below a specific rate, a Bailout Provision may apply.
A fixed annuity is an investment contract sold by an insurance company that guarantees fixed payments, either for life or for a specified time period, to an investor
An annuity that guarantees a set payment to be made in a lump sum or in periodic installments for life or for a specified term.
A type of annuity that guarantees a specified number of dollars will be paid each month when benefits begin. Also see Variable Annuity.
An annuity for which the insurer assumes the contract's investment risk and guarantees to pay a specified rate of interest on the accumulated value for a specified period of time. Premiums paid for a fixed annuity are paid into an insurer's general account. Contrast with variable annuity. See also deferred annuity and immediate annuity.
An annuity that provides a stated dollar benefit, regardless of the insurer's investment return.
An annuity contract in which the premiums you pay are invested in the general assets of the life insurance company, and the company guarantees fixed payout every month.
An annuity where buyers earn a specified return on their money each year for a specified number of years or for life. The account can grow free of yearly income taxes.
An annuity contract in which the insurance company makes fixed (or guaranteed) dollar payments to the annuitant for the term of the contract (usually until he or she dies).
An annuity that pays the annuitant a guaranteed, fixed return every month for a fixed premium. The guarantee is based on the expected return of the underlying investments of the insurance company. (See Annuity )
An insurance contract in which the insurance company guarantees your principal and locks in a rate of return for a fixed period of time.
Insurance company guarantees dollar amount of payments to the annuitant for the period covered under the contract.
An insurance contract that offers tax-deferred earnings growth and guarantees fixed payments, either for life or for a specified period, to an annuitant. A fixed annuity usually accrues interest at a fixed or company-declared rate over a specific period.
A traditional insurance investment vehicle that guarantees principal and a spec- ified interest rate and also may offer dividends.
A tax deferred annuity fixed at a rate of return during the term of the contract, usually until the annuitant dies.
An annuity contract that guarantees you will earn a stated rate of interest during the accumulation phase of a deferred annuity, and that when you annuitize, you will receive a fixed amount of income on a regular schedule.
Offers a guaranteed interest rate for a certain "fixed" period of time.
An investment contract sold by an insurance company which makes fixed payments to the annuitant for a prespecified period of time, usually for life. In contrast, a variable annuity makes payments which are directly related to the performance of the vehicles in which the annuity has invested. See: Annuitant; Annuity; Variable Annuity
a contract between an individual and an insurance company that guarantees periodic payments to the individual or designated beneficiary in return for an investment. In a fixed annuity, payment amounts do not change or they change at stated intervals.
An annuity that guarantees a specific rate of return. In the case of a deferred annuity, a minimum rate of interest is guaranteed during the savings phase. During the payment phase, a fixed amount of income, paid on a regular schedule, is guaranteed.
An annuity that provides a pay-out expressed as a fixed dollar amount.
Annuity whose periodic payment is a guarantined fixed amount.
An insurance contract in which the insurance company makes fixed dollar payments to the annuitant for the term of the contract, usually until the annuitant dies. The insurance company guarantees both earnings and principal.
An annuity that guarantees a fixed payment, either for life or for a specific period.
Tax-deferred annuity that guarantees stated or declared rates of return during the saving phase. The beneficiary receives a fixed amount of income on a regular basis once the money is converted into income payments.
Annuity whose periodic payment is a guaranteed fixed amount.