Qualified Annuities vs. Non-Qualified Annuities Annuities can be used in tax-qualified retirement plans, such as IRAs, pension or profit sharing plans, 401(k) plans, 403(b) plans,
What Do Fixed Annuities Cost? A fixed annuity typically does not impose direct expense charges on the contract owner, other than surrender charges (charges for
In the United States, commercial annuities are issued by insurance companies. When new fixed and variable products are developed, they must be filed with the
Deferred Annuities: A Way to Save Money for Retirement Many people buy annuities because they want their money to grow tax deferred while they are
Prior to about 1997, principal protection under variable annuity contracts was offered only in the case of death. In 1997 the first Guaranteed Minimum Income
If a contract owner dies in the accumulation phase, a deferred annuity contract will, at a minimum, pay the accumulation value to a named beneficiary.
