Tuesday, October 23, 2007
The Ins and Outs of the Two-Tiered Annuity
A two-tiered annuity is a fixed annuity where the investment’s interest rate depends on the distribution option chosen by the owner. The insurance provider that issued the annuity uses a lower interest rate if the owner chooses to convert the contract as a lump sum during the surrender period and after the surrender period. A higher interest rate is used when the owner opts to receive a series of payouts over a period of time.
The Ins and Outs of the Two-Tiered Annuity
Source: Insurance News Net
The Ins and Outs of the Two-Tiered Annuity
Source: Insurance News Net
Permalink posted by armandn @ 11:09 AM 
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