WebStudy with Quizlet and memorize flashcards containing terms like 1. An annuity may be purchased by any of the following methods exCePT A. Single payment immediate B. Single payment deferred C. Periodic payment immediate D. Periodic payment deferred, 2. If a variable annuity has an assumed interest rate of 5% and the annualized return of the … WebInsurance company general account or separate account offered through a group annuity contract (depending on plan sponsor’s election) Bank collective trust. Guarantees. …

Separate Accounts III

WebA separate account (SA) is an investment portfolio of stocks, bonds, cash, etc. following a defined strategy and managed by a professional money manager. The holdings in the portfolio are directly owned by the investor and have their own cost basis. Although the money manager may oversee hundreds –if not thousands- of SMAs, each is separate ... WebOct 8, 2024 · Annuity General Accounts vs. Separate Accounts (PDF) Groom Law Group Oct. 8, 2024 "In the simplest terms, the primary difference between the two types of accounts is that a general account is subject to the creditors of the insurance company, while the separate account is not subject to creditors. Here are the full definitions of … le totem koh lanta

Chapter 9: Annuities Flashcards Quizlet

WebWhich statement is TRUE when describing a variable annuity separate account? A. The separate account is part of the insurance company's general account holdings B. Performance of the separate account is guaranteed by the insurance company C. The separate account invests in shares of a designated mutual fund D. The separate … WebA variable annuity is a fixed-income investment that fluctuates in value depending on the performance of financial markets such as the stock market. A variable annuity is a retirement savings account that offers tax-deferred growth for your investment. When you start receiving payments, you pay ordinary income taxes. WebSep 27, 2024 · That’s the job of a fund manager, who decides what to buy or sell, based on the fund’s objectives. So a fund may hold a mix of stocks, bonds, cash or other securities. You, along with the other investors who have pooled their money in the mutual fund, share in the fund’s returns or its losses. Compared to separately managed accounts ... le totty