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A variable annuity is a contract between you and an insurance company in which the insurer agrees to make periodic payments, beginning either immediately or at some future date. You can buy a ...
Understanding which licenses and processes are required to sell variable annuities is an essential step for financial professionals–including financial advisors, brokers or insurance agents ...
Annuities allow individuals to pay upfront or over time to receive a consistent income stream. Because they provide predictable income, annuities are a popular approach to securing retirement ...
Retirement annuity plan is a financial product that ensures regular income to retirees in later years. A 'Retirement annuity plan (RAP) is a type of retirement plan similar to IRA that provides a stream of regular (single) distributions to an insured retiree. Time intervals between distributions as well as their amount are defined by conditions ...
The Transamerica Corporation is an American holding company for various life insurance companies and investment firms operating primarily in the United States, offering life and supplemental health insurance, investments, and retirement services. The company has major offices located in Baltimore, Maryland; Cedar Rapids, Iowa; Denver, Colorado ...
A SOGRAT is a GRAT that is at least partially funded with stock options. The patent number is U.S. patent 6,567,790, and is entitled "Establishing and managing grantor retained annuity trusts funded by nonqualified stock options". On 12 January 2011, the director of the USPTO initiated a reexamination of US patent 6,567,790. [5]
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