What is a balanced annuity?
Let’s learn what is a balanced annuity. The most accurate or helpful solution is served by Yahoo! Answers.
There are ten answers to this question.
Best solution
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...
Kayjay at Yahoo! Answers Mark as irrelevant Undo
Other solutions
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...
lee irish at Yahoo! Answers Mark as irrelevant Undo
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 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....
Nred at Yahoo! Answers Mark as irrelevant Undo
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:...
Stuart C at Yahoo! Answers Mark as irrelevant Undo
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...
J at Yahoo! Answers Mark as irrelevant Undo
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...
jasmine smith at Yahoo! Answers Mark as irrelevant Undo
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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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 payments are reinvested at 7 percent a year, until Year 5.
davidu69 at Yahoo! Answers Mark as irrelevant Undo
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