The Wayback Machine - http://web.archive.org/web/20150906045946/http://annuities.about.com/od/Annuity-Products/

Annuity Product Types

Articles and answers to your questions about the specific annuity product types available in the market
Annuities Categories
Our Annuities Expert
Annuities Essentials
Readers Recommend
View More
29 Articles in: Annuity Product Types
157181237.jpg - By: Carmen Martinez-Banus/E+/Getty Images
Traditional Fixed Annuities are Fixed Rate Annuities
Traditional Fixed Annuities is a fixed rate annuity that guarantees a specified yield for one year at a time, and allows you to add money after the policy has been issued
Fixed Rate Annuities - By Stewart Waller / fstop / Getty Images
Fixed Rate Annuities (MYGAs) Work Like CDs, With Tax Deferred Growth
Fixed Rate Annuities are also called Multi Year Guaranteed Annuities, or MYGAs and work like CDs by providing a guaranteed annual yield
Long Term Care Annuities - By photographer / Moment / Getty Images
Long Term Care Annuities Provide Coverage and Access to Your Money
Long Term Care Annuities are offered within two different types: Simplified Issue and Guaranteed Issue. This article explains the differences.
494329441.jpg - By Fanatic Studio/Collection Mix: Subjects/Getty Images
Longevity Annuities
Longevity Annuities are also called Deferred Income Annuities (DIAs), and were originally called Advanced Life Delayed Annuities.
Sometimes Pills are Good for You. Take the Annuity P.I.L.L. Test to Find Out! - Photo By: Ion-Bogdan DUMITRESCU / Moment Open / Getty Images
The Good, The Bad and The Truth about Variable Annuities
Variable Annuities can provide contractual guarantees with attached riders, but Fixed Annuities generally provide higher guarantees and flexibility.
See This Cowboy so Out of Place? A Wild West Annuity Sales Pitch is Just as Awkward! - By: Roberto Munoz / Moment / Getty Images
Indexed Annuities: The Good, The Bad and The Truth
Indexed Annuities: fixed annuities protected from downside markets with upside limited, not assured. They can deliver attached income rider benefits.
Secondary Market Annuities - By Jackie Belt / Moment Open / Getty Images
Secondary Market Annuities can Provide Potentially Higher Yields
Secondary Market Annuities (SMAs) are now growing in popularity with consumers who are looking for potentially higher yields
Single Premium Immediate Annuities Date Back to Roman Times - By Gunter Flegar / imageBROKER / Getty Images
A Single Premium Immediate Annuity is a Simple Straightforward Annuity
Single Premium Immediate Annuities (SPIAs) are the original design of the annuity that dates back from the Roman times.
87299710.jpg - Image Source/Getty Images
Fixed Index Annuities Work Well Allocated Properly Within a Portfolio
Fixed Index Annuities (FIAs) are also called Equity Indexed Annuities or just Indexed Annuities and are a call option on an index like the S&P 500
Contingent Deferred Annuities - By Danil Melekhin / E+ / Getty Images
Contingent Deferred Annuities are the "Silicon Valley" of Annuities
Contingent Deferred Annuities Attached to a Stock or Bond Type Portfolio Can Provide an Income Guarantee Without Having to Buy an Annuity.
Variable Annuities Provide the Most Upside Growth Potential - By Keren Su / China Span / Getty Images
Variable Annuities Provide the Most Upside Growth Potential
Variable Annuities Use Separate Accounts (mutual funds) for Primary Growth Component With Attached Riders Providing Guarantees.
Rated Single Premium Immediate Annuities - By Stewart Cohen/Pam Ostrow / Blend Images / Getty Images
Rated Immediate Annuities Provide Higher Payouts Due to Poor Health
Rated SPIAs or Age Rated SPIAs can provide a higher payout because your life expectancy is proven to be less due to health related issues.
Medicaid Annuities - By Andrew Rich / E+ / Getty Images
Medicaid Annuities Help Protect Your Assets for Medicaid Benefits
Medicaid Annuities, Medicaid Annuity, Medicaid Annuity Planning
Swiss Annuities Provide Creditor Protection and Investment Flexibility - By Chlaus Lotscher / Stockbyte / Getty Images
Swiss Annuities Provide Creditor Protection with Investment Flexibility
Swiss Annuities allow you unrestricted investment opportunities within a Swiss based annuity structure.
Charitable Gift Annuities - By Adriana Vareia Photography / Moment / Getty Images
Charitable Gift Annuities Offer an Income Stream Through a Non Profit
Charitable Gift Annuities guarantee a lifetime income stream while providing tax benefits, by donating money to a charity or non profit.
QLAC - Qualified Longevity Annuity Contract - Paula Marina/Moment Open/Getty Images
Qualified Longevity Annuity Contract = QLAC
QLACs, also know as Qualified Longevity Annuity Contracts, are deferred income annuities that can be used in both 401ks and Traditional IRAs.
SPIA Life Only Lasts a Lifetime-Roman Soldiers & Their Families Enjoyed the Security of a Similar Structure - Hulton Archives/Getty Images
SPIA Structure: Life Only is One Option
A Single Premium Income Annuity with a Life Only designation provides a lifetime of income payments at the highest contractual levels available.
You still can have your SPIA Cake and Eat it too-just like in the 1950s! - Sturti / Vetta / Getty Images
SPIA Structure: Life with Installment Refund
The Life with Installment Refund SPIA structure is a life expectancy bet with the annuity company, and you win. They pay no matter how long you live.
Your Beneficiaries can Immediately Upgrade to a Ferrari with a Lump Sum Payment from your SPIA with Cash Refund - Fun Energetic Eclectic / Moment / Getty Images
SPIA Structure: Life with Cash Refund
SPIA with Life with Installment Refund provides beneficiaries payments from the original premium; Cash Refund distributes a lump sum remainder payment
A “Period Certain” Single Premium Immediate Annuity makes sense, and is the ultimate income gap filler. - Demitri Otis / Digital Vision / Getty Images
SPIA Structure: Period Certain Only
SPIAs can be customized to contractually guarantee payments for a specific period of time to fill a gap in income instead of typical lifetime payments
We all want a pretty cake and certainly to eat it to! A SPIA with Period Certain can also sustain you and your beneficiaries. - Preeti Moberg / Moment Open / Getty Images
SPIA Structure: Life with Period Certain
A SPIA structured “Life with Period Certain” has a definite time period the income is paid out; the longer the period certain, the lower the pay out.
Can you fog a mirror? Want income and legacy? Create both with a
SPIA Structure: Life with Death Benefit
The “Life with Death Benefit” SPIA has a death benefit built into the policy with a lifetime income stream; a larger benefit offers a lower payment.
What? Annuities Are Not Investments! - Tracy Williams Photography/ Moment/ Getty Images
Immediate Annuities: The Good, The Bad ..The Truth
Single Premium Immediate Annuities, or SPIAs, function like a permanent personal pension plan with no annual fees and the assurance of a known income.
Longevity Annuities-or DIAs- are Riding the Annuity Train into the Future! - By Ron Chapple / Stockbyte / Getty Images
Longevity Annuities: The Good, The Bad and The Truth
Longevity Annuities will propel an annuity renaissance, with simplistic lifetime guaranteed income solutions similar to other future pension guaranties.
Low Commission QLACs are a Solid Product, and Only the Tip of the Iceberg as Annuity Sales Move Toward a Direct Sales Environment. - Photo By Paul Souders / Fuse / Getty Images
The Good, Bad and Truth About QLACs
Low commission Qualified Longevity Annuity Contracts will be the driving force for all types of annuities to move toward a direct to consumer model.
Don't Fall for that Bad Chicken Dinner Spiel. It's Under-cooked! - Milena Boniek / PhotoAlto Agency RF Collections/Getty Images
What are Annuity Agent Qualifications to Sell?
The qualification bar to sell Indexed Annuities is currently low, and is a primary reason that the industry has earned its bad reputation.
You can't get to them yet, but they are protected - Chris Ryan/Ojo Images/Getty Images
Income and a Single Premium Immediate Annuity (SPIA)
A Single Premium Immediate Annuity, or SPIA, will provide guaranteed monthly income for life with no risk of outliving your income, with no liquidity.
Define the Composition of Your Financial Frame - small-frog / E+ / Getty Images
Future Income and a Deferred Income Annuity (DIA)
A Deferred Income Annuity, or DIA, fits the purpose of producing future income starting on a specified date and continuing for the remainder of your life.
Follow the Pattern-Define Your Financial Desires, Dig into the Details, then Decide - photo video stock / E+ / Getty Images
Tax and Principal Advantages of a Multi-Year Guaranteed Annuity (MYGA)
Multi-Year Guaranteed Annuities provide contractually guaranteed growth and principal protection with a lack of liquidity during deferral periods.
View More