How Much Are Annuities Worth?

  1. 12689 POINTS
    Ted Ratliff
    Owner, SFS Associates,
    An annuity by itself is only worth the paper it is printed on.  It is your money that funds it and makes it valuable.  With an annuity, you place your money with the insurance company, they invest it and pay you interest on the money.  An annuity is only "worth" what you put into it plus interest.
    Answered on May 26, 2013
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  2. 0 POINTS
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    David RacichPRO
    Fountain Hills, Arizona
    Annuities are insurance products (with variable annuities are insurance products and a security.) Non-qualified annuities feature tax deferral. The deposits in annuities can be credited with an interest rate, an indices (domestic and/or foreign) or equities/bonds in separate sub accounts in variable annuities. Your deposits and the credited performance are tied to the value of you annuity account. 

    Answered on May 26, 2013
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  3. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    This is a very important issue because many people buy annuities to increase their return on deposits. An annuity has a current value. The annuity can be surrendered for that value minus any surrender charges that might be applicable (these are detailed in the contract.) Once the annuity has commenced paying monthly payments to the annuitant it cannot be surrendered under most circumstances.
    Answered on September 11, 2014
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