Fixed Annuities Provide All of the Following Except

Fixed annuities provide all of the following EXCEPT Distributions are tax-free if an account has been open five years. A Monies invested are professionally managed in accordance with the objective of the holder.

Are There Any Other Types Of Annuities Due

All of the following are traits of a Fixed Annuity except.

. What is the main advantage of a Roth IRA. Variable annuities may only be sold by registered representatives. A life income without refund at death A joint income for three individuals A 10 year certain and life An installment refund annuity.

December 8 2020 in Feeds by Publisher. Fixed annuities pay a fixed monthly benefit which loses purchasing power if there is inflation. A fixed annuity may offer any of the following income options EXCEPT.

A The purchasing power of a fixed dollar benefit amount decreases as the cost of living increases B The insurers general account assets guarantee the fixed annuity contract C The insurer bears any investment risk D. A joint annuity is for two people not three. This option pays a specific amount until the funds are exhausted.

A business may purchase an annuity for all of the following reasons EXCEPT a. Fixed annuities typically allow for one withdrawal per year of up to 10 of the account value. The creation of an estate.

Under a pure life annuity an income is payable by the company. The owner must be the party to receive benefits. C The portfolio can consist of shares of other mutual funds.

The owner pays the premiums on the annuity. Only for the life of the annuitant. No market risk on prior index credits c.

Fixed annuities provide all of the following EXCEPT. Equity indexed annuities provide all of the following features except. Tax-deferral of all associated income b.

This type of annuity is best suited for investors looking to preserve their principal but who want their money to grow at a rate faster than a. They have all the same characteristics as life insurance. The annuitant may select how big the payment will be.

All of the following are characteristics of Variable Annuity contracts EXCEPT The possibility of higher returns and greater income than fixed annuities but theres also a. All of the following are true of an annuity owner EXCEPT 1. Value of the account and future earnings will determine the time period For the benefits.

All of the following statements are true regarding installments for a fixed amount EXCEPT A. Your client has a large sum of money to invest from the proceeds of the sale of his home. Death benefits free from probate delay C is correct Question 32 of 35 All the usual settlement options commonly found on deferred annuities are available for the Equity a.

Informally funding a non-qualified deferred compensation plan c. The amount that is paid doesnt depend on the age or continued life of the person who buys the annuity. Charges assessed in fixed annuities may include any or all of the following.

The owner is the party who may surrender the annuity. Frank has set up a monthly payment from his fixed annuity. Minimum guaranteed rate of interest.

This makes them inappropriate for money that an investor might need for a sudden financial emergency. The payments depend instead on the amount paid into the annuity the length of the payout period and if its a fixed annuity an interest rate that the. Providing a pension to employees.

Fixed operational costs for a vehicle include insurance registration licenses taxes depreciation gas and finance charge. An Immediate Annuity is designed to provide each of the following features EXCEPT. B Variable annuities protect the investor against capital loss.

The owner has the right to name the beneficiary. Except for contracts in the interest rate guarantee period are. When the annuitant dies.

A fixed period annuity pays an income for a specified period of time such as ten years. A They do worse when the cost of living is going up B They have no guaranteed rate of return C They do better when the cost of living is going down D They can be sold by any licensed Life insurance producer. Fixed annuities are more predictable and less complex than most other types of annuities such as variable annuities.

Interest on an auto loan c. A joint income is primarily a plan for a couple. All of the following statements regarding variable annuities are true EXCEPT.

All of the following are fixed operating costs for a vehicle EXCEPT a. License and registration d. All of the following are true regarding fixed annuities EXCEPT.

Equal monthly payments for life. A fixed annuity may offer any of the following income options EXCEPT. Joint income for three individuals a joint can be for 2 people not 3.

Accumulating assets on a tax-deferred basis d. Structuring a liability settlement payment b. All of the following are true about annuities EXCEPT.

Front-end sales charge. All of the following statements are TRUE about variable annuities EXCEPT. Penalty-free withdrawal of all prior earnings d.

The Myth Of The No Load Fixed Or Equity Indexed Annuity