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Many annuity companies have relatively low minimum premiums, often as low as $2,500 to $5,000 for some types of fixed annuities and around $10,000 to $15,000 for variable annuities.
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 annuities .
2. Variable annuity. A variable annuity allows you to get a payout that may grow over time by investing your money in various mutual funds or other funds that hold stocks, bonds and other assets ...
Variable annuities are subject to market risk since the value of the underlying investments can fluctuate. This means that if investments in your annuity subaccounts underperform, your payouts ...
VALIC ranks in the top 10 of all U.S. and Canadian life insurance companies, [citation needed] based on more than $86 billion in total customer assets under management as of December 31, 2014. The company is a certified member of the Insurance Marketplace Standards Association (IMSA).
Both annuities and 401(k) accounts have pros and cons. The best high-yield savings accounts are paying way more than most Americans realize, with some are offering cash bonuses for new accounts ...
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