What is the annuity formula?

Answer An annuity functions like a life insurance product assuring its investor a payback at specified intervals of a month, quarter or year for an investment that is made today. The investment could be m... Read More »

Top Q&A For: What is the annuity formula

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.

Future Value Annuity Vs. Annuity Due?

Annuities are investment products you purchase through insurance companies. Earnings on an annuity grow tax deferred, treated as income when distributions are made after age 59 1/2. Part of an annu... Read More »

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 »

What is a 457 annuity?

A 457 plan is a deferred compensation plan offered by nonprofit organizations and state and local governments. Operationally, it is similar to the 401(k) plan offered by many corporations, but in t... Read More »