What is an annuity account?

Answer An annuity is a financial agreement that will pay the plan's owner a specific amount of money over a period of time. Annuities typically are between an insurance company and an individual, but two ... Read More »

Top Q&A For: What is an annuity account

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 »

The Pros & Cons of Shifting My IRA Account to an Annuity?

Saving money for your retirement using an IRA helps you defer tax on contributions to your retirement. However, you may want the security of guaranteed payments that an annuity offers. Make sure th... Read More »

As an annuity holder with aig I have recently asked for a portion of my annuity and am wondering when i may receive it in the mail?

My wife receives a monthly annuity from AIG and usually gets it on the same calendar day every month.

Is an eia annuity a fixed annuity?

Equity-indexed annuities are fixed annuities. However, an EIA differs from other fixed annuities in the way it credits interest. EIAs use various complex formulas while other fixed annuities credit... Read More »