Variable Annuity IRA

What is variable annuity IRA? IRA or Individual Retirement Account entitles you to certain tax deductions. These tax deductions are offered to encourage savings for retirement. Under certain conditions you can claim tax deduction for the contributions made to IRA. Further, the growth of your fund is also not taxed when it is accrued. The [...]

Types of Annuity Products

One of the best retirement products on the market today is the annuities contract. This allows an individual to hand over money to the life insurance company and then get back such money over their life time on a growth and tax-deferred basis scheme. The insurance company calculates the amount they need to pay to [...]

What Is Variable Annuity?

Explain variable annuity why is it different to other types of annuities?

Variable are legal contracts between insurance companies and people, where the insured is paid periodically from a predetermined date. It is useful as part of a retirement plan or investment. The investor can either pay a series of payments or a lump sum amount [...]