Variable Annuities

However growth only occurs during the accumulation phase of your annuity.

Variable annuities. A variable annuity invests your money in certain types funds a fixed annuity grows via a set interest rate and an indexed annuity earns returns based on the performance of an associated index. A variable annuity is a contract with an insurance company that includes investments you choose and a fixed insurance component. Variable annuities also involve investment risks just as mutual funds do.

What Is a Variable Annuity. Variable annuities are not suitable for short-term financial goals. A prospectus may be obtained by calling 1.

The prospectus contains the investment objectives risks fees charges expenses and other information regarding the contract and underlying funds which should be considered carefully before investing. The variable in a variable annuity refers to its potential returns and investment selection. As with most annuities a variable annuity is a contract between you and an insurance company.

Variable annuities are deferred as buyers typically wait years to begin taking payments. Variable annuities can offer a wide range of features including a guaranteed death benefit and income for life. What is a variable annuity.

Variable annuities are considered riskier than fixed or fixed-indexed annuities. It serves as an investment account that may grow on a tax-deferred basis and includes certain insurance features such as the ability to turn your account into a stream of periodic payments. Variable annuities are deferred annuity contracts that earn investment returns based on the performance of the investment portfolios known as subaccounts where you choose to put your money.

A variable annuity is a contract between you and an insurance company under which the insurer agrees to make periodic payments to you beginning either immediately or at some future date. Although variable annuities carry the potential of higher returns than fixed annuities they dont offer a guaranteed payout. A variable annuity is a contract between you and an insurance company.