Variable annuities are investment vehicles that are structured much like a 401(k). The owner of a variable annuity is able to choose from several investment options with in one product. Investment options will typically range from money market accounts on the conservative side, to foreign equities on the aggressive side.
Unlike a fixed annuities, there is a potential for losses as well as a potential for higher gains. The payouts with vary depending on specific investment options selected in the account. You may choose to fund the annuity with a lump sum up front payment or contributions over time.
Variable annuities are used for many different objectives. One common objective is deferral of the recognition of taxable gains. Money deposited in a variable annuity grows on a tax-deferred basis, so that taxes on investment gains are not due until a withdrawal is made.
Variable annuities offer a variety of funds ("sub-accounts") from various money managers. This gives investors the ability to move between sub-accounts without incurring additional fees or sales charges.
All annuities have three primary advantages: Tax Deferral, Avoidance of Probate, and a Guaranteed Income (optional) for a fixed period of time, or income for life. More specific reasons to invest in variable annuities:
Gift up to $10,000 per individual, per year, tax-free. Gift money to an unlimited number of individuals.
The Annuity Rate Report contains today's state specific annuity rates.
You'll receive a one-time email with today's highest rates and product guidelines. Purely Informational.
We here to help in anything you
need. Call us on below number.
The following disclaimer governs the use of www.allthingsannuity.com and links from it. By using this website, you agree to the following Disclaimer, Terms and Conditions, and Privacy Policy. The term “you” means a user of this website. The term “our” or “we” means All Things Annuity, its website(s), and any agent of All Things Annuity. The website is owned by Mac Life Marketing, INC (“All Things Annuity”), a Minnesota company. All Things Annuity provides users with general and educational information about annuities and may refer users to unaffiliated financial professionals who are licensed in the user’s state and thereby qualified to address a user’s individual financial situation, which could include evaluating an annuity, providing rates or illustrations and discussing investment risks. Any information provided through this website or through links to other websites are provided for educational and general informational purposes only and should not be construed as legal, investment, financial or tax advice. The information published at this website is not intended to be a recommendation to purchase an annuity. You are strongly urged to consult with a financial professional to determine if an annuity product is suitable to your financial situation. All Thing Annuity accepts no responsibility for any investment decision made by any user of this website, and it is not responsible for any advice or recommendation made to any user by unaffiliated financial professionals to whom the user is referred. Copyright © All Things Annuity 2022. All rights reserved.