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Fixed vs Variable Annuity: Which Is Best? – Forbes Advisor
Oct 06, 2020 · Every variable annuity contract that provides for variable annuity payout options must include a statement which (i) discloses the smallest annual rate of investment return which would have to be earned on the assets of the separate account so that the dollar amount of variable annuity payments will not decrease; or (ii) sets forth the ...
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Life Insurers: Individual Fixed and/or Variable Deferred ...
Fixed and variable. A fixed annuity is somewhat like a CD, in that the insurance company issuing the annuity agrees to pay a fixed rate to the investor, while the investment, along with associated profit or loss, is also the company’s responsibility and right.
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[DOCX File]Wofford Financial Group
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For example, if the assumed interest rate underlying the annuity payments were 5% and the asset-based charges exceeded 1.5%, then the method of computing the variable annuity payments would fail to comply with §50.6(a)(1).
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[DOC File]Group Fixed and/or Variable Deferred Annuity Contracts ...
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If the contract provides for variable annuity payment options, it provides a description of how annuity payments are determined. 2. It provides a statement on the smallest annual rate of investment return that would have to be earned on the assets of the separate account so that the dollar amount of variable annuity payments will not decrease ...
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Variable rate annuity