What is a balanced annuity?

Let’s learn what is a balanced annuity. The most accurate or helpful solution is served by Yahoo! Answers.

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What wouLd be my monthly income if i got a life annuity at 26 years old?

Im working on saving up $700,000 by the time i am 26. After i would like to by a life annuity but im just wondering what my monthly income would be.

Answer:

Today is simply not the time to start an annuity contract, especially one where the starting age is...

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Other solutions

What is the difference between an immediate annuity and a variable annuity. ?

Which companies have the lowest fees and best reputations? I've heard about a number of scams involving annuity sales to seniors. What kind of annuities are these?

Answer:

The scams for seniors are the Variable. They make a lot of promises that revolve around the stock market...

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What is annuity factor?

How much would four annual payment needs to be.. to make a deal equilivant to cash payment of $102,452 (or $150,000 in four years). Interest rate are 10%, compounded annually Answer: FV = Periodic rent x annuity factor Rent = FV / annuity Factor Rent...

Answer:

Use this present value of an ordinary annuity equation to solve PMT = PV(i) / 1-(1+i)^-n PMT = $102...

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What amount will be required to purchase a 20-year annuity paying $2500 at the end of each month, if the annui?

What amount will be required to purchase a 20-year annuity paying $2500 at the end of each month, if the annuity provides a return of 6.75% compounded annually?

Answer:

effective monthly interest rate = (1.0675^(1/12) -1) = r (say) PV = PMT(1-(1+r)^-n)/r = 2500(1- (1....

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What are the main differences between an annuity and a scheme pension?

Why do some people object to purchasing an annuity? Also, is it compulsory to purchase an annuity upon reaching the age of 75?

Answer:

A Personal Pension Scheme (PPS) (UK) http://en.wikipedia.org/wiki/Personal_pe… Annuity http:...

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What does ANNUITY means?

I look for definition of it and I ca'nt really grasp what does it mean? cause I know someone who has annuity? but I don't know what the heck is that for? like some sort of a stocks or insurance? help.

Answer:

An annuity is a contract between you - the annuitant - and an insurance company, who promises to pay...

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What Else Can I Do With A Annuity Other Than Sale It..Help Please?

I Have A Annuity For 2300..00 And I Tried To Sale It Which They Kept Telling Me They Would Give Me 10,000 Or 9,000 Back. I Felt Like They Were Cheating Me Out My Money. I Am Trying To Go Back To School ANd Have A Apartment To Do So. Also My Car Needs...

Answer:

A lot of it depends upon what type of annuity you have, your age and how far into the future the payments...

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What taxes can I expect to pay on an annuity that has been withdrawn?

I have a variable rate annuity that I would like to cash out in order to take care of some outstanding debt. Because I am over 59 1/2, I know that I am free from the 10% tax penalty for early withdrawal, but I believe that I have to pay income tax on...

Answer:

The part that is earnings will be added to your income. Your tax bill is based on your total income...

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What is the difference between Life, health and variable annuity and Life, accident and health license?

I have a Life and variable annuity license but I applied for a company and they said I needed a life, accident and health license (LAH). I've looked on Florida's site and that license is not listed. What is the difference I wanted to add health to my...

Answer:

Each state licenses things differently. It sounds like the recruiter calling you, isn't familiar with...

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What is the future value of a 5-year annuity due that promises to pay you $300 each year? Assume that all paym

What is the future value of a 5-year annuity due that promises to pay you $300 each year? Assume that all payments are reinvested at 7 percent a year, until Year 5.

Answer:

1845.987 300* [(1 + 0.07)^5 - 1] / 0.07

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