The Period Income option or Guaranteed Period option on Annuities means that the entire balance, plus some interest, will be paid out to you in equal amounts over the course of a set number of years.
This option may fulfill a specific need for income in a certain time of life.
It used to be slightly more attractive to investors when interest rates were higher, but, today, the low interest rate environment does not give insurers enough time to generate interest for these sorts of payouts.
The distributions will look suspiciously like the amount that you put into it. This can serve a purpose as well, if you have a need to get a lump sum out of your hands for a specific number of years.
Annuity contracts are firm and in such cases, particularly when the income is deferred for a number of years (a “deferred period income annuity”), for all intents and purposes those assets do not belong to the annuitant for the time being, which can potentially serve as a shield against creditors, lawsuits, and liens.
It could also be used for deferred compensation arrangements such as salary continuation plans and other qualified or non-qualified arrangements at companies.
The best day for the markets, in terms of the largest single-day point gain for the Dow Jones was October 13th, 2008
Employers can contribute to an employee’s 401(k) on a matching basis. Some employers will make additional contributions
The Russell 2000 index is comprised of the 2,000 smallest companies in the U.S. It's a good small cap domestic benchmark
Treasury Inflation Protected Securities (TIPS) are coupon-paying treasuries issued by the US Government with inflation
The interest coverage ratio is a measure of how many times a company can pay the interest owed on its debt with EBIT
A balloon payment is a lump sum due at the end of a balloon loan term. These terms are usually relatively short (5 yrs)
A hostile takeover is an acquisition in which the controlling interest of shares has come under the direction of another
Technical analysis is a method of evaluating the worth and probable future direction of security prices using charts...
The Falling Wedge pattern forms when a currency pair price appears to be spiraling downward with two down-sloping lines
The Falling Wedge pattern forms when prices appear to spiral downward, with lower lows and lower highs