Tuesday, December 11, 2007

The Internal Revenue Service

The owner's premium is allocated among the subaccounts and managed by investment professionals.
While the insurance company doesn't guarantee a payment amount or level of growth, the potential for growth – as with any equity-based investment – is greater than with a fixed annuity.
Due to fluctuating market conditions, at the time of distribution, your annuity value may be more or less than the total of all premium payments.

Annuities are either deferred or immediate.

With an tax deferred annuity regulations payments must begin to the annuitant (the person on whose life expectancy the contract is based) within 12 months of establishing the policy.

Single Premium – A single premium annuity is one that's funded by one payment made at the time of purchase.

With annuity canada rate, the amounts you pay into your annuity can change to meet your needs. You can make additional payments according to the conditions set forth in the policy. Annuities come in many different forms to meet your specific needs. An annuity can be deferred or immediate, can provide fixed or variable investment options, and can either be part of a non- qualified or qualified retirement plan. Annuities are long-term savings or investment vehicles. Purchase payments may be made either over time or as a single payment.
The Internal Revenue Service may also restrict the amount of purchase payments made and the timing of withdrawals.

In addition to the attractive tax-deferred savings that all annuities provide, the Retirement Planner VA also offer a wide array of investment options, death benefit protection and easy access to your account value when you need it. Three fixed interest rate indexed annuity rate with 3, 5 and 7 year guarantees. The decompiler offers a competitive payment enhancement on all purchase payments, and a wide range of investment options as well as a choice of six-month or twelve- month fixed-rate accounts for dollar cost averaging. The global identifier payment enhancement feature, coupled with the tax-deferred benefit of investing in an annuity can help your retirement dollars work harder, giving you the opportunity to accumulate more.
Pennant Select Variable Annuity offers purchase payment flexibility and a wide range of investment options, including the added benefit of a six-month, fixed-rate account for dollar cost averaging.

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