Variable Annuity

外汇网2021-06-19 14:10:41 47

An insurance contract in which, at the end of the accumulation stage, the insurance company guarantees a minimum payment. The remaining income payments can vary depending on the performance of the managed portfolio.

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Watch: Variable Annuity Basics

|||The portfolio generally invests in equity securities and its performance determines the amount of this total payment.

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Variable Annuity

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