Tag: annuity

The Pros and Cons of QLACs

The Pros and Cons of QLACs: Is This Annuity Right for...

Qualified Longevity Annuity Contracts (QLACs) are a type of annuity that is designed to help individuals fund their retirement by providing a guaranteed income...

Everything You Need To Know About Multi-Year Annuities

Are you considering a multi-year annuity? This type of annuity can be a great way to grow your wealth and provide financial security in...

Annuity vs Mutual fund

There are a lot of investment options available, each with their own benefits and drawbacks. Two of the most popular choices are annuities and...

Years Certain Annuity

What is 'Years Certain Annuity' An insurance product that pays the holder a monthly income for a specified number of years. A...

Immediate Payment Annuity

What is an 'Immediate Payment Annuity' An immediate payment annuity is an annuity contract that is purchased with a single lump-sum payment...
immediate beneficiary

Immediate Beneficiary

What is an immediate beneficiary An immediate beneficiary is a person or entity who receives benefits from a trust or other financial arrangement immediately, as...

Annuity

An annuity can be best defined as a financial product which is exclusively designed and offered by insurance companies to help individuals grow funds....
Charitable Remainder Trust

Charitable Remainder Trust

What is a Charitable Remainder Trust A Charitable Remainder Trust, or CRT, is a type of trust that allows the settlor (the person establishing the...

Qualifying Annuity

What is 'Qualifying Annuity' This type of annuity is similar to any other, except that it has been approved by the IRS...

Qualified Pre-Retirement Survivor Annuity (QPSA)

Qualified Pre-Retirement Survivor Annuity (QPSA) What is 'Qualified Pre-Retirement Survivor Annuity - QPSA' A death benefit that is paid to the...

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