Download Sell Annuity APK latest version Free for Android
| Version | 1.0 |
| Update | 5 years ago |
| Size | 10.24 MB (10,740,329 bytes) |
| Developer | Educaion set |
| Category | Apps, Finance |
| Package Name | com.annuity.cells |
| OS | 4.1 and up |
Sell Annuity APPLICATION description
Sell Annuity
For example, an immediate annuity purchased in 2003 guaranteed you a month for life. That was good enough to cover rent and utilities on your condominium. It might even have provided enough leftover funds for groceries. Fast forward 10 years: Inflation increased the cost of rent, utilities and groceries, but you’re still getting a month from the annuity. You can cover the rent and utilities, but there is nothing left for groceries. Inflation wins, you lose.
Deferred annuities grow capital by investment in the accumulation phase and make payments during the distribution phase. A single premium deferred annuity allows a single deposit or premium at the issue of the annuity with only investment growth during the accumulation phase. A flexible premium deferred annuity allows additional payments or premiums following the initial premium during the accumulation phase.
Annuity issuers offer special annuities with long-term advantages. Inflation-adjusted annuities are based on a fixed percentage or a variable increase. The variable increase, for example, might be tied to the Consumer Price Index or might increase by 3 or 4 percent each year. These increases do incur a cost to you, which are taken out of the monthly payouts received the first several years.
For example, an immediate annuity purchased in 2003 guaranteed you a month for life. That was good enough to cover rent and utilities on your condominium. It might even have provided enough leftover funds for groceries. Fast forward 10 years: Inflation increased the cost of rent, utilities and groceries, but you’re still getting a month from the annuity. You can cover the rent and utilities, but there is nothing left for groceries. Inflation wins, you lose.
Deferred annuities grow capital by investment in the accumulation phase and make payments during the distribution phase. A single premium deferred annuity allows a single deposit or premium at the issue of the annuity with only investment growth during the accumulation phase. A flexible premium deferred annuity allows additional payments or premiums following the initial premium during the accumulation phase.
Annuity issuers offer special annuities with long-term advantages. Inflation-adjusted annuities are based on a fixed percentage or a variable increase. The variable increase, for example, might be tied to the Consumer Price Index or might increase by 3 or 4 percent each year. These increases do incur a cost to you, which are taken out of the monthly payouts received the first several years.
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