A Variable Annuity Has Which of the Following Characteristics
The amount of the purchase payments that go into the account may be less than you paid because fees were taken out of the purchase payments. And 2 the distribution phase when the insurance company guarantees a minimum payment to you based on the principle and investment returns. Variable Annuity What Are Variable Annuities How Do They Work Annuities can be deferred or immediate. . A Variable Annuity has which of the following characteristics. You purchase a variable annuity with an initial purchase payment of 10000. All of the following are characteristics of Variable Annuity contracts EXCEPT. With variable annuities policyholders can choose from a number of investment opportunities. Say youre 60 years old and your actual investments are worth 350000 but your benefit base has grown to 500000 over a number of years. During this lesson we will review the characteristics. A variable annuity is a type of annui...

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