Annuity Account

Sold by financial services companies annuities can help reinforce your plan for retirement.

Annuity account. An annuity is an insurance contract that exchanges present contributions for future income payments. An annuity is a contract between a purchaser and an insurance company. In the US an annuity is a contract for a fixed sum of money usually paid by an insurance company to an investor in a stream of cash flows over a period of time typically as a means of saving for retirement.

Fixed Index Annuities Allianz Benefit Control Allianz 222 Allianz 360 Accumulation Advantage Essential Income 7 Retirement Foundation ADV Core Income 7 Index Variable Annuities. Using an annuity often looks and feels like using an account that you put money into. How you use this account depends on the type of annuity you.

ViewPrint Contract Specific Documents Forms. For example you could set up an annuity to continue making payments to your spouse once you pass away. An online account allows you to.

These contracts are designed for retirement or other long-term goals and offer a variety of income options including lifetime income. Annuities can be classified by the frequency of payment dates. You make a payment or payments to an insurance company and in return they promise to grow that money and send you payments during retirement.

Sign-up for Available eDelivery Options. Examples of annuities are regular deposits to a savings account monthly home mortgage payments monthly insurance payments and pension payments. Like CD rates the principal interest and the number of benefits are guaranteed.

Conduct Certain Transfers or Contract Changes. First and foremost an annuity is a product which you purchase from either a super fund or life insurance company with a lump sum using either money from your superannuation or regular old savings. 4 Annuity Account options are available through contracts issued by TIAA or CREF.