BNET Business Dictionary

Business Definition for: Hybrid Annuity

see Annuity

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Pension reform law jump-starts hybrid LTC products; Coverage is combined with annuities, life insurance.(News): Byline: Gary S. Mogel NEW YORK - Many insurers are jumping on the long-term-care hybrid-policy bandwagon thanks to the recently passed Pension Protection Act's tax advantages, according to industry experts. Money taken from an annuity's ...; Tags: annuity, life insurance, rider, tax; Research articles 2006-10-09
Proposed retirement CD reg is boon to annuities.(tax regulation from Internal Revenue Service): The Internal Revenue Service IRS has issued a proposed regulation to tax the accumulating money deposited in a bank-issued 'Retirement CD' that functions as a hybrid certificate of deposit/annuity. The CD, issued by Blackfeet National Bank of Browning, The Internal Revenue Service IRS has issued a proposed regulation to tax...; Tags: annuity, CD, Internal Revenue Service, regulation, tax; Research articles 1995-05-01
Variable annuities: As a financial product sold by life insurance companies, it's no surprise that variable annuities have similar features to life insurance. Variable annuities are a hybrid financial product, combining features of mutual fund investing and life insurance. A variable annuity is a contract. You buy the contract with an initial...; Tags: Annuity, Life Insurance, Variable Annuity, Insurance, Investment, Financial Planning, Business Operations, Corporate Insurance, Finance; White papers 2003-09-08

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