How Is Interest Calculated On A Fixed Annuity?

  1. 440 POINTS
    Albert Rasmussen
    owner, retireright, sc
    Fixed annuities have fixed rate of returns credit once every year on your anniversary date. It is compounded normally daily. Then their are fixed index annuities that offer a fixed rate of return or one that is indexed to the indexes such as the Dow Jones or Nasdaq and several other indexes each insurance company has its own twist on its offering of index plans
    Answered on October 4, 2014
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