Variable Annuities - Variable Annuities Review



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What are Variable Annuities- What is a Variable Annuity? 1-800-566-1002 https://www.ifasifinancial.com, What are the best types Variable Annuities and learn how you can avoid the most common mistakes that individuals have made when looking to purchase a Variable Annuity.

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Variable Annuities Explained

Variable annuities are a contract between an insurer and you. This is an investment account that may grow tax-deferred and can include certain insurance features such as the possibility to convert your account into regular payments. A variable annuity contract can be purchased by either one purchase payment or several purchase payments.

Variable Annuity Review
Variable annuities generally have two phases. The first is the "distribution phase", where the insurance company promises a minimum amount to you, based on your investment returns and the principle (positive and negative).
What if you need to withdraw a substantial amount or terminate your contract? It becomes more costly. A surrender fee is usually included in variable annuities. After you sign up, a surrender charge is assessed to your annuity contract.

The pros and cons of variable annuities
Variable annuities are best for those who don't mind taking more risk in order to get a greater return. Variable annuities have the greatest potential to earn, even though there may be some swings.

Variable annuities are a contract between an insurer and you. This is an investment account which may grow tax-deferred and can include certain insurance features such as the possibility to convert your account into regular payments. A variable annuity contract can be purchased by either one purchase payment or several purchase payments.

Variable Annuity for Dummies
Variable annuities are not like fixed annuities. They don't guarantee a return on principal invested. However, some investors will take this chance to earn higher potential returns.

Every variable annuity has its own unique characteristics. Many have features that set them apart from other investment products or insurance policies. Variable annuities will cost you more.


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