An annuity is a guaranteed contract between you and a life insurance company. You make a deposit called a premium payment and in return you receive a guaranteed financial contract that has stated terms and conditions. Annuities can be used to grow your money or to provide a guaranteed lifetime income stream. It’s possible to use some annuities for both growth and lifetime income.","example":"\Example: \u003cstrong\u003e Principal: $35,000 Income/Benefit Base after 7 years: $67,000(Bonus and growth are included) Lifetime Income = $3300 per year(bad market performance) Lifetime Income: $2500 per year

年金是一种合同: 保险公司定期向您支付一系列收入, 以换取您已支付的保费。 购买年金通常是为了将来的退休收入。 只有年金能支付可以保证您持续生活的收入。

It is based on changes in the index to which the annuity is linked. The formula may apply a Cap or Participation Rate so you can get a major portion or a portion of the index growth, yet meanwhile the formula ensures your interest rate NO less than zero in case the index declines. Conversely, in 2008, many investment accounts dropped over 40%, yet how did fixed indexed annuities do? They got 0% but didn’t lose a penny. You could move on with your life, and it was just a blip to your account.

["指数年金使用与年金挂钩的指数变化的公式计算利息。 公式决定了您如何获得利息, 何时获得利息取决于年金的特征。","与其他固定年金一样, 您的股票指数年金也会承诺支付最低利率。"]

{"answer":["Are there withdrawal or surrender charges or penalties if I want to end my contract early and take out all of my money? How much are they?","Can I get a partial withdrawal without paying surrender or other charges or losing interest?","Does my annuity waive withdrawal charges for reasons such as death, confinement in a nursing home or terminal illness?"],"faq_footnote":"\u003cstrong\u003eCaution: Some indices of an FIA may be less known, compared with SP 500, NASDAQ, MSCI or Russell 2000 indices. So it may be less transparent to know the exact underlying investment holdings.","reminder":"\Reminder:The illustrations usually use many assumptions to show the future benefits. It may be very helpful to get a clear answer on which numbers are guaranteed and which are not.

["如果我想提前终止合同并拿出我所有的钱, 是否会有提款、退保费用或罚款? 多少钱?","我可以在不支付退保或其他费用或失去利息的情况下获得部分提款吗?","年金是否会因为死亡、入养老院或患上绝症等原因免除提款费用?"]

A fixed indexed annuity (FIA) is often called equity-index annuity, either immediate or deferred, that earns interest or provides benefits that are linked to an external equity reference or an equity index. The value of the index might be tied to a stock or other equity index. One of the most commonly used indices is Standard Poor's 500 Composite Stock Price Index (the SP 500). Historically, FIAs earned a higher investment return versus that from a fixed-rate annuity (e.g. MYGA).","example":"\Example: Initial Premium: $50,000 Interest credit calculated based on the SP 500 index with a simple formula: 6% or $3000 (50K x 6% = 3000) So, Account Value grows to $53,000 Income/Benefit Base grows with a fixed rate, or by the interest credit with a Multiplier: Interest: $3000 Multiplier: 150% Benefit Base growth: $4500 (3000 x 150%) New Benefit Base: $54,500

股指年金是一种固定年金. 无论是即期年金还是延期年金, 它都会获得与外部股票或股指相关的利息或收益. 指数的价值可能与股票或其他股指挂钩。 标准普尔500综合股票价格指数 (标准普尔500指数) 是最常用的指数之一。

The participation rate decides how much of the increase in the index will be used to calculate index-linked interest (how much your account 'participates' in the upward movement of the index). For example, if the calculated change in the index is 9% and the participation rate is 70%, the index linked interest rate for your annuity will be 6.3% (9% x 70% = 6.3%). A company may set a different participation rate after the 1-year or 2-year index strategies reach their anniversary.

All annuities are tax-efficient saving vehicles because money inside annuities grows tax-deferred, so your annual profit is not subject to federal tax or state tax that year.\nThe deferral benefit allows your profit to be fully reinvested into your account, and over time the compounding growth can be significant. For long-term investors or high-income families, annuities’ tax-deferral benefit can be tremendous.