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At its core, a variable annuity is designed to provide a steady stream of income during retirement. But these financial products are more complex, costlier and riskier than other types of ...
However, these products are subject to market risk, which entails the potential loss of principal. Financial professional need two types of licenses to sell variable annuities: State insurance license
A variable annuity is a contract between you and an insurance company in which the insurer agrees to make periodic payments, beginning either immediately or at some future date.
Annuities in the United States. 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 ( insurance) products that each state approves and regulates in which case they are designed using a mortality table and ...
An annuity is a financial product that pays out a fixed amount of money, usually in a series of payments. Annuities are popular -- sales of annuities increased by 22% in 2022 as compared to 2021...
VALIC. The Variable Annuity Life Insurance Company, or VALIC, a subsidiary of Corebridge Financial, Inc., (CRBG), is an insurance corporation that specializes in tax-qualified retirement plans, supplemental tax-deferred and after-tax investments. VALIC's headquarters are in Houston, Texas.
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