Annuity is a form of capital which is deposited by an individual at regular intervals. Gain interesting perspectives on the two basic principles of Annuity, its purpose, types, relevant examples and other meaningful resources when you go through this post.
An annuity is the timely deposit of capital by an investor at regular intervals of time. The investments made in annuity includes regular deposits to a savings account, monthly insurance payments, and monthly home mortgage or pension payments. The idea of annuity gained popularity as it helps the investors to credit capital in return. The deposits made by an investor extensively depends on the frequency of its payment dates. Therefore, the deposits or payments can be initiated weekly, monthly, quarterly, yearly, or any other regular interval of time.
Authorities like financial institutions and other economic organisations are responsible for generating annuities which accept funds from various individuals. Later, the received fund from the individuals is invested and left until annuitisation. An annuitisation phase is a phase when the processing of the payments begin. Once the investment reaches the point of annuitisation, it issues a stream of payments benefitting the investors. Thus, the time duration between the funding of an annuity and payouts generation is known as the accumulation phase.
The purpose of the annuity is to allow an individual to invest or deposit payments in return to obtain benefits from that investment. Moreover, to achieve a flow of payments and to enjoy the benefits of the investment, it is imperative to follow the annuity calculations. The annuity also plays a significant role in benefitting an individual at the time of his retirement or other plans. Therefore, the primary factor on which the method of the annuity depends is the period of the payment time. The period of this payment time is considered from the point annuity guarantees to continue.
To achieve a better understanding of the working of annuities, you need to learn the following principles:
Initially, annuities possessed a great significance in the working of life insurance companies. The reason for this being is the benefits these companies enjoyed under the annuities, i.e., it allowed the companies to outnumber the risk of a policyholder regarding their income source. So, it had permitted annuities to work as an excellent tool for the retirement and investment of an individual. Thus, an annuity is the term of economics contributing significantly to the development of market investment in a way that benefits the investor.
Annuities can be classified into two categories depending on the characteristics it possesses in investing.
The fundamental difference between a fixed and variable annuity is that a variable annuity does not guarantee an interest in return from the investments made. However, some variable annuities come up with the offering of a fixed-rate account which is secured by the issuing insurance company.
Annuity Markets
Published by Oxford University Press in 2008
By Edmund Cannon, Ian Tonks
The Role of Annuity Markets in Financing Retirement
Published by MIT Press
By Jeffrey R. Brown, Olivia S. Mitchell, James M. Poterba, Mark J. Warshawsky
Are you overwhelmed by the thought of writing an unusual assignment to score higher grades? You do, especially when you are supposed to write on a topic like Annuity. The term annuity has a broad meaning in the subject of economics overwhelming the students while writing their assignment. Therefore, this factor plays a crucial role in exposing students to numerous health and mental disorders is the pressure to sustain in the competitive world. Consequently, it is critical for the students to deliver an unmatched quality of assignment to ensure their sustainability in academics. The sense of urgency under a tight deadline also contributes to the mental pressure on students. It is not a piece of cake to manage the schedule keeping a healthy balance between a student's personal and academic life. Do you remember the hardships you faced in your life in elementary class with your homework?
Thus, with the growing pressure of academic curriculum on the students, they need to maintain a healthy balance between their personal and academic life. This is where myassignmenthelp.com plays its part in helping students to achieve that milestone. Especially, regarding a sensitive topic like Annuity requires the advice of experts to deliver unmatched content. The experts at myassignmenthelp.com are well qualified and highly experienced with a dedication to helping you score higher grades. Our proficient writers have a clean track record of successfully catering students the best assignment.
Moreover, our experts are familiar with the strict guidelines of some top universities against plagiarism. So, they ensure you of delivering the assignment way before your deadline. We have a productive team of experts capable of providing you with the best assignment regarding the topic of Annuity. So, under the guidance provided by our experts, you can successfully achieve higher grades and secure your academic career.
We understand the need of every student and our customer support team works day and night to deliver them the unexpected assignment. So, to make our services more interactive, we have a customer support team available 24*7 to assist you in the best way possible. Myassignmenthelp.com is the most popular writing service among the students worldwide because of the full range of service we provide.
Moreover, you can go through the sample assignments available on our website to get an idea of the quality we offer. Once you upload your assignment, our experts begin to analyse and understand your needs. Especially the students in the US, the UK, and Australia are facing severe trouble regarding assignment writing due to the strict guidelines followed by their universities.
Now, you don't need to worry even if you have not prepared your assignment with hours left for the submission. Our proficient writers are highly capable of delivering you an uncompromised content promising you higher grades that too at lightning fast speed.
Msc in Nursing fro...
I am in this field for 15 years, which helps me come up with unique topics and cases for students’ papers. I have comp...
400 Completed Orders
125 Student Reviews
MS in Statistics...
I am skilled in creative writing to craft any kind of assignment especially essays, thesis and dissertations of any kind...
360 Completed Orders
45 Student Reviews
Masters in Account...
I am thorough with the changing financial scenario in US and the factors behind it. I am also updated with the changing ...
250 Completed Orders
34 Student Reviews
I took a MBA degre...
Along with an in-depth knowledge in marketing I am also skilled in composing assignments especially case studies with pr...
300 Completed Orders
51 Student Reviews
MS in Computer Sci...
I boast excellent observation and analysis skills. I am excellently thorough with the subject knowing all the aspects, a...
400 Completed Orders
42 Student Reviews
MS in Biology...
I am skilled to do research to find proper content for research papers, thesis and dissertation. I give only verified co...
200 Completed Orders
56 Student Reviews
M.sc in Electronic...
Allotting responsibilities and giving directions on achieving the targets within the team. Excellent research and creati...
350 Completed Orders
45 Student Reviews