Flexible premium annuities
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Flexible premium annuities products and practices. by Life Office Management Association.

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Published by Life Office Management Association in New York .
Written in English

Subjects:

Places:

  • United States.,
  • Canada.

Subjects:

  • Annuities -- United States.,
  • Annuities -- Canada.

Book details:

Edition Notes

SeriesOperations and systems report ;, no. 34
Classifications
LC ClassificationsHG8791 .L54 1977
The Physical Object
Paginationiii, 76 p. ;
Number of Pages76
ID Numbers
Open LibraryOL4608588M
LC Control Number77372049

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  So, a flexible premium deferred annuity is an annuity that you pay into incrementally over time and that you defer receiving payments from until a later date. If a flexible premium deferred annuity sounds like it may be a good fit for you, here is some more context into how they work and what you might want to think through before purchasing. Flexible Premium Fixed Annuity1 Issuing This is a fixed company New York Life Insurance and Annuity Corporation (NYLIAC) (A Delaware Corporation), a wholly owned subsidiary of New York Life Insurance Company. deferred annuity that gives you the flexibility to invest multiple premiums. Issue • ages Non-tax qualified: • Tax qualified:2 Premium bonus (boost) offer is limited to the purchase of a new USAA Flexible Retirement Annuity only. The advertised rate shown is the rate currently in effect and is subject to change without notice. Premium bonus amount will never be less than 1% of your first-year premiums.   Flexible Premium Deferred Annuity Contract with Index-linked Interest Options series ICC17 LLFPIA , endorsement series ICC17 LLE SI-MA , ICC17 LLE SI-MC , ICC17 LLE SI-PTP , ICC18 LLE SI-OY-PTP and ICC18 LLE SI-MY-PTP and waiver of withdrawal charge endorsement ICC17 LLE WWC issued by The.

A flexible premium variable annuity is a contract between an individual and an insurance company that is intended to be a long-term investment to generate income for retirement. It has numerous options that can be tailored to each investor's unique needs and also has the potential for growth. Flexible Premium Variable Annuity III Issue ages Nonqualified: 0–75 Tax-qualified: 18–75 1 Annuitants Single or joint2 Minimum initial premium Nonqualified • $5, single premium; or • $2, plus pre-authorized monthly deductions of $ per month Individual Retirement Accounts (IRAs) • $2, single premium.   Pros and Cons of a Flexible Premium and Adjustable Life Insurance With Indexed Features. Indexed universal life insurance is a permanent life plan that has flexible premium .   A Beginner's Tutorial for Fixed Index Annuities. Written by Hersh Stern Updated Wednesday, J A Fixed Index Annuity is a tax-favored accumulation product issued by an insurance shares features with fixed deferred interest rate annuities; however, with an index annuity, the annual growth is bench-marked to a stock market index (e.g., Nasdaq, NYSE, S&P) .

A flexible premium deferred annuity requires just a $1, payment to get started. You can make additional payments of $ to your annuity annually, semi-annually, quarterly or monthly. You can also use our automatic monthly payment plan and we’ll deduct . You pay the insurance company only one payment for a single premium annuity. You make a series of payments for a multiple premium annuity. There are two kinds of multiple premium annuities. One kind is a flexible premium contract. Within set limits, you pay as much premium This Buyer’s Guide will focus on individual fixed deferred annuities. A flexible premium annuity allows the 'annuitant', or the owner of the annuity, to make premium payments over a number of years. You would have to pay a small amount to start the annuity, but you. 8. Flexible premium annuities. A flexible premium annuity is an annuity that is intended to be funded by a series of payments. Flexible premium annuities are only deferred annuities; that is, they are designed to have a significant period of payments into the annuity plus investment growth before any money is withdrawn from them.