0
How safe and secure is an AIG annuity that pays 4 percent fixed per year?
Wiki User
∙ 15y ago
It is as safe as AIG is. No fixed annuity has ever lost any money, but bottom line, AIG backs the fixed annuity
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What are fixed annuities comprised of?
A fixed annuity is an annuity that pays a fixed amount of interest, defined by the terms of the contract. It is comprised of the money that you put in and the interest the insurance company provides in exchange.
Determine the future value of an annuity into which quarterly deposits of 450 are made for 9 years if the annuity pays 10 percent compounded quarterly?
138645
If Dexter pays a monthly interest rate of 1.9 percent what is his annual percent rate?
22.8 or 22.80
Jonathan invested a total of 10000 in 2 certificates of deposit 1 pays 5 percent interest and the other pays 6 percent interest his total interest at the end of 1 year is 560 how much is invested in t?
4000
Vickie pays 90.00 for a new dress at a President's Day sale If the original price for the dress was 225.00 what is the percent discount?
60 percent off
What type of annuity pays you a flat interest rate?
A tax deferred fixed annuity pays a flat interest rate.
What are fixed annuities comprised of?
A fixed annuity is an annuity that pays a fixed amount of interest, defined by the terms of the contract. It is comprised of the money that you put in and the interest the insurance company provides in exchange.
What type of annuity pays an equal annual amount until death?
The best annuity to do this right now is a Fixed Indexed Annuity with a Lifetime Income rider.
What is an annuity payout?
An annuity payout is cash recieved from an annuity that you build through investment. There are several types of annuity payouts, such as the Life option, which pays retirement based on your life expectancy, and a Joint-life option that pays for you and your spouse. Annuity payments are fixed payments made out over a specific amount of time. These days there are companies that can offer you a lump sum settlement on your fixed annuity payment that you recieve if you wish to have all your money now.,
Determine the future value of an annuity into which quarterly deposits of 450 are made for 9 years if the annuity pays 10 percent compounded quarterly?
138645
An annuity pays out 20000 per yer in perpetuity if the intereset rate is 5 percent compounded annually find the presenet value of the whole annuity?
400000
What is a period certain annuity and a life annuity?
A period certain annuity is an annuity that pays out an income stream for a set period of time. A life annuity pays an income out for the lifetime of the annuitant (the person whose life the annuity is based on).
What Annuity plan pays equal amount until death?
It is called a life annuity.
What is the definition of Variable Annuity?
I found different sites with definitions for annuity variables. Investopedia states that an annuity variable is, "an insurance contract in which, at the end of the accumulation stage, the insurance company guarantees a minimum payment. The remaining income payments can vary depending on the performance of the managed portfolio." (http://www.investopedia.com/terms/v/variableannuity.asp#axzz1bw9FbZ8G)
What exactly is a charitable remainder annuity trust?
A charitable remainder annuity trust is a Planned Giving vehicle that entails a donor placing a major gift of cash or property into a trust. The trust then pays a fixed amount to the donors specified beneficiary.
How is a defined benefit retirement plan different from an annuity plan?
A defined benefit plan is one that your employer pays for over the period of time you are employed with them. An annuity plan is a program that you invest in for your retirement. Both are payable at the time of your retirement. Defined plan is a fixed amount. Annuity depends on the terms of your contract.
what is the definition of fixed immediate annuity?
The definition of fixed immediate annuity is the contract that you agree on with an insurance company. They are usually purchased with large lump sums of money by investors in order to pay for expenses over a long period of time. In exchange for this lump sum premium, the insurance company pays you a monthly income for as long as you live. http://www.themoneyalert.com/ImmediateAnnuity.html
