Questions tagged [annuity]

ethan_harrison_chef Mon Nov 25 2024 | 5 answers 811

A 6-year shield annuity is a type of insurance product that provides a guaranteed income stream for a period of 6 years. It is designed to shield the policyholder from financial risks by offering a stable source of funds during this timeframe. The annuity may offer additional benefits such as protection against market volatility or inflation, depending on the specific terms and conditions of the policy.

Emanuele Tue Nov 19 2024 | 7 answers 1359

I'm trying to understand the concept of the Comdex annuity score. Could someone explain what it is and how it's used in the context of annuities?

GeishaWhisper Sat Nov 16 2024 | 5 answers 811

I'm looking for the safest annuity company to invest in. I want to ensure that my money is secure and the returns are reliable. Which company can I trust the most with my hard-earned savings?

Sofia Mon Nov 11 2024 | 7 answers 1393

A 6-year shield annuity refers to a tax strategy under the 1997 Income Tax Assessment Act (ITAA 1997), where a residential property that has been rented out for cumulative periods up to 6 years can be sold without capital gains tax (CGT), as long as it was the owner's main residence at some point and certain conditions are met regarding the timing of the rental periods and the property's use as a primary home.

CryptoAlchemyMaster Wed Oct 16 2024 | 7 answers 1806

I have an annuity worth $50,000 and I want to know how much money I will receive each month from this annuity.