Life Annuities - Life Annuity, Lifetime Annuities, Annuities For Life - Fixed Annuity Definition, Fixed Indexed Annuities, Lifetime Income Annuity
Life annuities:
Straight life annuity:
This option provides payments for the rest of your life, even if the payments exceed the money you put into the annuity. While this option usually pays out the most, if you die before all of the money you put in has been distributed, no additional payments will be made to your dependents.
Joint and survivor life annuities:
Technorati Tags: life annuities, lifetime annuity, annuities, income annuities
Indexed Annuities
Annuity, Annuities
Life annuities:
Straight life annuity:
This option provides payments for the rest of your life, even if the payments exceed the money you put into the annuity. While this option usually pays out the most, if you die before all of the money you put in has been distributed, no additional payments will be made to your dependents.
Joint and survivor life annuities:
This life annuity provides payments to you as long as you live and to a designated beneficiary as long as he or she lives. Life income with refund annuity. With this product, payouts continue for life, but if you die before collecting all the premiums you have paid, your beneficiary collects the remaining money.
Life annuity with period certain:
This annuity offers income for life. If you die before receiving the total of premiums paid, your beneficiary receives payments for the remainder of the period.
Technorati Tags: life annuities, lifetime annuity, annuities, income annuities
Indexed Annuities
Annuity, Annuities
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