Annuity Funds or Pension Plansby Jerry Jose CEO
An Annuity fund is a fund where an investor can deposit a certain amount of money in an insurance company or any other financial institution to get a number of assured monthly payment for a number of Recommended Features
- payments are guaranteed
- money invested by an employer
- managed by employees associations
- give out stable payments
- wisely after studying their past performance
Review on Annuity Funds or Pension PlansAnnuity funds, if managed well may give out stable payments for a long time to the retiree or the beneficiary for their life time. It is according to the investment strategy of the institution who handles the fund. If there is a well established and planned management, the depositor can earn a good amount of money. Unless there will be a loss. So choose the financial institution wisely after studying their past performance, even if it says that the past performance is not a yardstick for the future stability.
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Created on Oct 5th 2010 12:49. Viewed 985 times.