Annuity Rates that Guarantees Maximum Return

May 7, 2012   ·   0 Comments

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People invest in annuity plans to secure their retirement life. The various annuity schemes project a firm platform to build your future. There are several annuity insurance agencies that provide useful schemes but it is your decision to put your retired life in safe hands. The different annuity schemes promise to bring certain benefits but the annuity rates are generally more effective in determining your monetary benefits.

http://stockssavvy.comAnnuity rates are actually the rate of return on your annuity. The annuity rates vary on the basis of different types of annuity plans. Every annuitant dreams to get the highest possible annuity rate of return. The rate of return sometimes depends on the market conditions and the monetary policy of the government. Fixed annuity provide steady rate of return over the insured time period. The variable annuity provide high rate of return but the return is regulated by market rate. The variable annuity does not give any assurance of regular return. The fixed annuities are invested in low risk situation whereas the variable annuities are invested in high risk situation. The variable annuities are generally preferred by those who want a long time profit. The indexed annuities provide the combination benefits of fixed and variable annuities.

 

  • Ask the insurance agencies or their agents about the different annuities rates. Ask them to show the terms and conditions of the annuity schemes.
  • Compare the rates of different annuities from various annuity providers. Try to compare the rates of similar annuity plans, otherwise wise the rates won’t match with each other.
  • Look at the variable contracts of the fixed rates as well. Sometimes variable annuities provide the option of a fixed account which pays a guaranteed rate.
  • If everything fails then take the help of online annuity calculator. The calculators help to calculate the various rates and bring the best option to you.

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Jonathan

Author's bio- The author, Jonathan james has a keen erudition on finance and he writes various articles that are related to finance. Financial topics are something which you can't do away with, and he does an extensive research on this subject matter.

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