What is a variable annuity?

Answer Variable annuities offer investors an investment account, typically designed to provide income after retirement. Similar to a a 401k account, a variable annuity offers the investor the opportunity ... Read More »

Top Q&A For: What is a variable annuity

What is a variable annuity account?

A variable annuity is a financial contract that pays an amount of money over a period to the annuity's owner, according to the terms of the plan. While fixed annuities provide consistent payment a... Read More »

What Can I Roll a Variable Annuity Into?

Insurance companies design and sell annuities to guarantee an income to you during retirement. Annuities are essentially long-term savings contracts. One type of annuity is a variable annuity. If y... Read More »

How to Transfer a Variable Annuity to an IRA?

There are several reasons why the owner of a variable annuity might want to shield the annuity contract inside a traditional or Roth IRA. Annuity contracts that are housed inside Roth IRAs can be w... Read More »

Can I Rollover a Variable Annuity?

A variable annuity is an insurance product that provides a guaranteed income to you for your life or for a specific period of time. Some annuities defer this income until you want to receive it. Th... Read More »