Hybrid annuity

Hybrid annuity

A type of insurance company investment that combines the benefits of both a fixed annuity and a variable annuity.

Hybrid Annuity

An annuity that allows the annuitant to make contributions to both a fixed annuity and a variable annuity at once. For example, if an annuitant contributes $1000 per month to the hybrid annuity, $800 may be allocated to the fixed annuity and $200 to the variable annuity. This provides the holder of the hybrid annuity the stability of a fixed annuity with the potential for a higher return that a variable annuity brings. A hybrid annuity is most useful for retirees who expect to live for a long time and wish to participate in the stock market.

hybrid annuity

A single annuity in which a part of an investor's payments purchase units of a variable annuity and the remaining funds purchase units of a fixed annuity.

Hybrid annuity.

With a hybrid annuity, you allocate part of your annuity's assets to providing fixed income payments and part to making variable income payments.

For example, you could buy a hybrid immediate annuity with a lump sum of $50,000, and allocate $35,000 to fixed payments and $15,000 to variable payments.

The fixed portion would lock in a specific yearly income, while income from the variable portion would depend on the performance of the underlying investments you selected.

This approach allows you to combine the advantages of both types of annuities -- regular income from the fixed and growth potential from the variable -- in a single package.

References in periodicals archive ?
304 km of NH-275 in the state of Karnataka, to be executed on Hybrid Annuity Mode (HAM).
Summary: New Delhi[India], Aug 28 (ANI): In a big push to Namami Gange programme, National Mission for Clean Ganga under Ministry of Water Resources, River Development and Ganga Rejuvenation has awarded for the first time contracts for three STPs under hybrid annuity model.
This will be on hybrid annuity mode based on PPP model.
Projects will be awarded mostly under the hybrid annuity model.
Debra Newman, CEO of Newman Long-term Care in Richfield, Minnesota, reports that most of her agency's hybrid annuity sales come from bank affiliates that are primarily moving customers out of certificates of deposit.
Debra Newman, CEO of Newman Long Term Care in Richfield, Minnesota, reports that most of her agency's hybrid annuity sales come from bank affiliates that are primarily moving customers out of certificates of deposit.
The subject might have just gotten a bit more approachable, however, with Genworth Financial's new take on its hybrid annuity that offers a single-premium, non-qualified deferred annuity bundled with a long-term care insurance rider.
Both the projects would be executed under the hybrid annuity mode under National Highways Development Project (NHDP).
on Arawali - Kante section in Maharashtra to Four Lane with paved shoulder under NHDP IV on Hybrid Annuity Mode from MORTH.
Tenders are invited for Rfp for development- estimate for investigation, Design and construction of roads, Drains, Culverts, Watersupply, Sewerage, Stp, Utility ducts for power&ict, Reuse waterline& Avenue plantation compatible with trunk infrastructure in layouts for land pooling schemes kurugallu(p) and nidamarru(p) villages in zone-12a area in amaravati capital city, Andhra pradesh and performance based o&m of infrastructure created for a period of 10 years on hybrid annuity model basis(ham)
Tenders are invited for Development of roads, Drains, Water supply, Sewerage, Stp, Utility ducts for power & Ict, Reuse waterline & Avenue plantation compatible with trunk infrastructure in layouts of land pooling schemes in pichukalapalem (part) , Thulluru (part) and ananthavaram (part) in zone-4 area of amaravati capital city, Andhra pradesh & Performance based o & M of the infrastructure created for a period 10 years on hybrid annuity model (ham)