Wealth Activator Code Review
What is an annuity contract. According to Wealth Activator Code Review the Investopedia Financial Dictionary, It is a written agreement between an insurance company and a customer outlining each party's obligations in an annuity coverage agreement. This document will include the specific details of the contract, such as the structure of the annuity variable or fixed and more.
An annuity contract is beneficial to the individual investor in the sense that it legally binds the insurance company to provide a guaranteed periodic payment to the annuitant once the annuitant reaches retirement and requests commencement of payments. Essentially, it guarantees risk-free retirement income.
In one reliable review for the best annuities, the top annuity companies were identified based on different categories. One category is termed Immediate Payouts with its Immediate Fixed Lifetime Annuity. This plan turns your lump sum into guaranteed regular payments for life. You start receiving an income right away which includes embedded fees. The two top companies are Pacific Life Annuity and First Metlife Investors Insurance.
Another variation is called the Immediate Fixed 10 Year Certain Annuity which converts your lump sum into guaranteed payments for 10 years starting right away inclusive of the embedded fees. In this group, the top companies are First Symmetra National Life Insurance and National Integrity Life. Another category is termed as Deferred Payouts with its Deferred Fixed Annuity with Five Year Guarantee.
