income annuity การใช้

Another common use for an income annuity is to pay recurring expenses, such as assisted living expenses, mortgage or insurance premiums.
Q . We are planning to retire this year and to convert $ 123, 000 of our insurance policies to fixed-income annuities.
For folks who are house-rich and cash-poor, the best bet is taking a reverse mortgage on the house, then putting that into a fixed-income annuity, creating a guaranteed, long-term payout.
An alternative, or supplement, to long-term care insurance is to put assets into a fixed-income annuity that is " Medi-Cal-friendly, " meaning a monthly annuity payment that doesn't affect Medi-Cal coverage for a nursing home, says Solomon.
Your total savings of $ 538, 900 consists of about 72.7 percent fixed-income holdings; although you have a lot of funds and they are fairly nicely diversified, the portfolio is overwhelmed by the three largest holdings _ the CDs, the money market account, and the fixed-income annuity.