What is a variable annuity account?

Answer 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 »

Top Q&A For: What is a variable annuity account

What is a variable annuity?

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 »

How to Surrender an IRA Variable Annuity Before Age 70 1/2?

The Internal Revenue Service gives variable annuities the same tax status as retirement accounts. Many people roll 401k accounts or certificate of deposit IRAs into variable annuities with the inte... Read More »

Variable Annuity Rights?

If you are currently looking for safe financial investments for the future, variable annuities could work for you. However, companies offering these complicated contracts have been known to sometim... 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 »