for me. I have been advised that prudential variable annuity with lifetime income guarantee is best product for me.I also want to know how my losses that I have on amount I give would be considered for tax purpose in future.
Suppose I contributed from work for 401k 100000 over the period and after investing current value is 80000. which I am considering to give for annuity.How my loss of 20k would be factored
I am interested in knowing if anyone lost money in annuity because of insurance company not honoring the promise of guaranted return. Please i need quick reply to make a decision
Posts Tagged ‘Safe’
Iam 50 yr old and looking for safe return in my retirement age with decent growth.Is variable annuity a produc?
28
Apr
is an annuity with AIG safe? If I took out a CD with Washington Mutual this past Monday, can I cancel it?
28
Mar
This was supposed to be questions answered by NBC San Diego. They have a phone pool, and also gave this web site for questions. I may not have the right place. thank you
Are annuities safe for seniors?
13
Mar
Annuities sound so complicated. Are they a good investment choice for seniors who need little risk?
What is a safe and secure investment to move these funds into and still receive a decent rate of interest?
27
Feb
I’m about 7 years from retirement age. I have a taxed deferred mutual fund annuity with Dreyfus that’s structured somewhat conservative. My cash surrender is at full value. Realizing there’s always risk with these funds, I can no longer think long term and risk another plunge at this stage of my life.
A relative has a lifetime annuity from an insurance company. Is the annuity safe?
19
Feb
The annuity is 20 plus years old, from a large insurance company. Are future payments safe? Are they secured by cash reserves?
Are annuities still a safe investment? I have an annuity with Met Life and AXA, 6% guarantee for 9 more years?
19
Feb
I invested in the annuities fall of 2007. 6% guaranteed but can’t touch the money for ten years. Several people are telling me to take the money out (at a huge loss in today’s market). Does anyone know if annuities are still a safe investment or if I should cut my losses and take the money out. Thanks!!
I heard on a new report that variable annuity and mutal funds are safe but I should chek my fixed annuity.?
19
Feb
It seem to me the broker is saying that variable annuities and mutal funds are safe and fixed annuities are not. Help
is it safe to invest in a fixed annuity that’s tied to the S&P Index for 10yrs. which i wont lose my princ.?
19
Feb
is this insured and if so by who.
How safe are insurance fixed annuities during this turmois on Wall Street.?
19
Feb
I have 3 fixed annuitys through a highly rated insurance company. Are they as affected by this wall street fallout as the banks are. I know the monies are not FDIC protected so I’m a little concerned about whether or not I will lose my monies. Do they have any kind of backup protection outside FDIC?