return annuities also have death benefits. In case the
annuitant dies before the annuity is surrendered, then
the annuity is given to the survivors of the deceased
annuitant, along with any accumulated earnings.
annuities are much the same as fixed return annuities.
They also have features such as death benefits and tax-deferred
payments. So, in that way, there is no difference between
the two kinds of annuities.
variable annuities differ from fixed return annuities
on one important point. People with variable annuities
can control where their annuity value will be invested.
Hence, they can take some risks, and using their acumen,
they can also make higher returns than people with fixed
rate annuities can. Variable annuities are much better
for people who want to control their own investments and
ensure that they get better returns at the end of the
conclusion, both fixed rate annuities and variable annuities
are great as post-retirement investments, and both can
provide tax-deference and death benefits. But while the
fixed rate annuities are for the more conservative investor
who wants a fixed return, the variable annuity is for
the risk taker, who is confident of using his or her own
skills to get better returns.
Honest Johnny -
The Consumers' Advocate.
Author: G. Aldhammer