Ads
related to: jackson variable annuity death benefit- Investment Edge
Help Clients pursue growth
with an IE Variable Annuity
- Annuity Resources
Download Our Digital Retirement
Cornerstone® Resources
- SCS Income
Guaranteed Retirement Income
With Structured Capital Strategies®
- Retirement Cornerstone
Learn About Retirement Cornerstone®
An innovative strategy
- Investment Edge
Search results
Results from the WOW.Com Content Network
The post Understanding the Death Benefit of a Variable Annuity appeared first on SmartReads by SmartAsset. Variable annuities are insurance contracts designed not only to provide regular income ...
Annuity type: Different annuity types (fixed, variable, indexed, etc.) ... Annuity death benefits can be paid out to a beneficiary as a single lump sum or in the form of ongoing income payments ...
Death benefit and other features. Variable annuities often come with a death benefit, which pays out a designated amount to your beneficiaries if you pass away ... Benefits of variable annuities.
Death benefit: Ensures that beneficiaries receive a payout after you die. ... Variable annuities allow for more growth but, like stocks, can lose value when the market declines.
By 1984, Jackson had grown to $1 billion in assets. The company's growth attracted the attention of Prudential plc, which acquired Jackson in 1986. [6] In 1995, the company launched its first variable annuity and began selling guaranteed investment contracts and funding agreements through its Institutional Products Department. [5]
In the United States, an annuity is a financial product which offers tax-deferred growth and which usually offers benefits such as an income for life. Typically these are offered as structured products that each state approves and regulates in which case they are designed using a mortality table and mainly guaranteed by a life insurer.
Ads
related to: jackson variable annuity death benefit