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My wife receives a monthly annuity from AIG and usually gets it on the same calendar day every month.

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Q: As an annuity holder with aig I have recently asked for a portion of my annuity and am wondering when i may receive it in the mail?
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You didn't receive or I haven't received?

I did not receive interest for the year for my annuity.


My mother has a single premium deferred annuity when she dies do her children receive cash from that annuity?

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an individual who buys an annuity pays the insurance company a sum of money and, in return, will receive a monthly income for as long as the purchaser lives.


Deferred annuity formula?

Deferred annuity is a type of contract that allows the delay of payments until the investor chooses to receive them. To calculate the deferred annuity you, divide the future amount by (1+rate of return)^the length of the term.


What are the different types of annuties available?

There are two types of annuities. The first type is called deferred annuity, with that annuity your money is invested until you are ready to make withdrawals, for example - after retirement. The second type is called immediate annuity, with that annuity you receive money soon after your investment.


What is better a full survivor annuity or a single annuity?

It depends on what you are wanting to accomplish. If you want to make sure both parties receive an income even after the death of one of the parties then the survivor annuity is your option. If you are not worried about future payments after the death of the fist party then utilize the single annuity.


What are the advantages and disadvantages of a retirement annuity?

With a retirement annuity you can purchase the amount you wish to receive each month and for how long. There are annuity tables to help you decide how long you want the annuity to continue, and, based on the amount you have to spend; the dollar amount you will receive. The main advantage is knowing that you will have a steady monthly income for X number of years. Some of the disadvantages are: 1. If you drop dead a few months after purchasing the annuity, it's gone. It ends with your death. Your heirs don't inherit any of the money remaining within the annuity. If you purchased a spousal annuity, then your wife will continue to receive her monthly cheque. 2. The annuity is not indexed for inflation, so as the years roll by the purchasing power of your monthly stipend diminishes. There are better strategies available to someone planning to retire. Consult a reputable Financial Planner to help you explore your options when considering where to apply your retirement funds.


Can pension benefits taken as a lump sum be paid in one payment or does it have to be paid in an annuity?

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How are annuity death benefits determined?

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What will happen if an annuity company close down?

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Why do you have to pay Federal Income Tax on an annuity you received after your father's death?

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If your husband dies at 72 and you are 68 what portion of his social security will you receive?

You will receive all of his social security.