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Annuity Funds or Pension Plans

by 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
Learn more about Annuity Funds or Pension Plans»

Review on Annuity Funds or Pension Plans

Annuity 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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About Jerry Jose Senior     CEO

217 connections, 1 recommendations, 581 honor points.
Joined APSense since, May 13th, 2010, From NEW DELHI, India.

Created on Oct 5th 2010 12:49. Viewed 985 times.

Comments

Warren Contreras Magnate I   Old Retired Guy
At 72 it gets harder to decide, but I grabbed a single premium instant legacy policy from New York Life. I earn 4%+ and can withdraw it any time, but if I die my wife gets a lump sum much greater than I put in. I keep my nest egg and make it earn at the same time.
Oct 5th 2010 14:41   
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