This annuity provides a guaranteed interest rate for a fixed
period of time, based on the ability of insurer to pay,. Rates
paid to you are periodically adjusted up or down but will
never below guaranteed rate.
This annuity allows an insurance company to invest your money,
which they return to you, usually after retirement in consistent
regular payments. It is tax deferred, until you take the money
out. Your contribution may be in one large sum or made in
a series of payments. Potential returns may be higher due
to more options for investing your money, but the risks may
If you desire to receive payments within one month or up to
twelve months from your purchase date, then this is the annuity
for you. You choose payment option and frequency of payments.
This annuity is popular because of its growth potential with
less risk. It earns interest on the potential upward movement
of an equity index and has a minimum interest rate, which
protects the annuity when there is a poor market.
Market Value-Adjusted Annuities
This annuity has the potential to provide higher interest
rates than the traditional fixed annuity. Premiums are spread
over different contract periods. Interest rates determine
the total value when you withdraw cash.