Compare Annuities
It is important that you compare annuities available on the market before you choose one. Annuities are long term investments and it is very difficult to get out of an annuity once you have bought one. That is why it is crucial to compare annuities thoroughly before you purchse them.
To help you compare annuities available on the market, we have classified different types of annuities below for your comparison.
Annuity Comparison Chart
|
Type |
Description |
Example Minimum |
|
Fixed Annuities |
Fixed annuities are investment vehicles that provide tax-deferred accumulation at a specified interest rate for an initial guarantee period (typically one year).
Each period thereafter, a rate is declared (which must exceed a stated minimum rate).
This website will compare fixed annuities offered from highly rated life insurers such as AIG, Allstate, Nationwide and Keyport. |
$2000 for Qualified accounts
$4000 for non-qualified accounts |
|
Immediate Annuities |
Immediate annuities are income distribution vehicles that take your lump sum investment and provides a specific stream of payments in return.
The length of the payment stream may be guarainteed for a specified period, a lifetime or a joint lifetime.
The payment amount may be a fixed amount or an amount tied to the underlying performance of portfolios (investment subaccounts).
This website will compare immediate annuities from Allstate, Hartford , Genworth Financial & Nationwide. |
$4000 |
| 
