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Publishing space does not permit total detailed explanation. For the complete article this week relating to annuities along with a comparison chart of the various payment options, please go to www.marthamyron.com/calm/ Coming soon: Bermuda ...
The intermediary receives a fee, and the new owner receives an attractive rate of return (in comparison to other available options today) for the remaining term of the annuity. Each of the original annuity terms — the interest rate ...
4. Compare any drawdown rate with index-linked annuities If you draw substantially more than the index-linked annuity rate, the capital in your fund is unlikely to be maintained in real terms, i.e. adjusted for inflation over an extended period.
A basic feature of almost every variable annuity is complexity. It's often hard to compare one annuity with another and know which is a better deal. The comparison is almost never "apples to apples." There are, however, much less complex options ...
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