{"id":1328,"date":"2015-07-10T07:50:10","date_gmt":"2015-07-10T12:50:10","guid":{"rendered":"http:\/\/www.lifeannuities.com\/blog\/?p=1328"},"modified":"2015-07-10T07:50:10","modified_gmt":"2015-07-10T12:50:10","slug":"do-you-want-a-fixed-annuity-or-a-life-annuity","status":"publish","type":"post","link":"https:\/\/lifeannuities.com\/blog\/retirement\/do-you-want-a-fixed-annuity-or-a-life-annuity","title":{"rendered":"Do You Want a Fixed Annuity or a Life Annuity?"},"content":{"rendered":"<p>This is the same type of <a href=\"http:\/\/www.lifeannuities.com\">annuity in Canada<\/a>, although some people feel there are differences.<\/p>\n<p>In Canada a life annuity is sometimes referred to as a fixed annuity as the payment is &#8220;fixed&#8221; or &#8220;settled&#8221;. The confusion arises when you think of annuities with a yearly time element.<\/p>\n<p>For instance a 10 year <a href=\"http:\/\/www.lifeannuities.com\/termcertain_annuity.html\">term annuity<\/a> is a &#8220;fixed annuity&#8221; but here the phrase refers to a time element; it is payable for a certain number of years only.<\/p>\n<p>So the next time someone asks you about a fixed annuity, ask him or her if they are referring to the amount of the annuity payment or the number of years in a term annuity.<\/p>\n<p>And you need to be aware of variations. Most life annuities carry two guarantees<\/p>\n<p>1. a lifetime payout and<\/p>\n<p>2. a guaranteed payout for a number of years. So here we have a life annuity with a &#8220;fixed&#8221; or guaranteed number of payments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is the same type of annuity in Canada, although some people feel there are differences. In Canada a life[&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[4,5,193,60,257],"class_list":["post-1328","post","type-post","status-publish","format-standard","hentry","category-retirement","tag-annuities","tag-annuity","tag-fixed","tag-life","tag-term"],"_links":{"self":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/1328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/comments?post=1328"}],"version-history":[{"count":2,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/1328\/revisions"}],"predecessor-version":[{"id":1330,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/posts\/1328\/revisions\/1330"}],"wp:attachment":[{"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/media?parent=1328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/categories?post=1328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeannuities.com\/blog\/wp-json\/wp\/v2\/tags?post=1328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}