Introduction

IXRAYANNUITIES

As a tool for investment and financial security, the life insurance annuity has been around for quite

a long time. Annuities first started the ancient Roman Empire. They were a way for Roman citizens

to receive a yearly payment for their lifetimes or for several years in exchange for a large

upfront payment. Early roman annuities were often given to Roman legionnaires as payment

for years of faithful military service. (1) As time passed, the modern life insurance annuity began

to take shape.

In medieval times, lifetime annuities bought with a single initial premium became popular among

nobles for funding the constant warfare that was a fact of life then. , records show that one of

the most popular annuities of the medieval era was called the tontine. (2) In this annuity the

participants purchased a share in an annuity pool, and then, in turn, received a lifetime annuity.

The payments were divided among surviving participants of the initial annuity pool. Thus, as time

passed, each participant would receive a larger payment. As the participants died off, ever

increasing payments would be made to them.

The payments were divided among surviving participants of the initial annuity pool. Thus, as time

passed, each participant would receive a larger payment. As the participants died off,

ever increasing payments would be made to them. The sole remaining survivor would reap the

benefits of the remaining annuity principal. One of the oldest and longest lasting tontines was

the annuity called the State Tontine of 1693. It was started in the United Kingdom as a way to pay

for its many wars with France.

The modern financial system started to develop. Dr. James Dodson of England formed the Equitable

Life Assurance Society of London in 1756. This was one of the first companies formed to offer a

modern form of life insurance annuity. (3) Dodson founded this company and the annuity that it

offered to provide a form of insurance to persons of all ages.

The Equitable Life Assurance Society issued policies based on the assurance of fixed sums on the

surviving policyholder’s beneficiaries lives. The company issued policies for any term for which the

policyholders wanted to purchase the life insurance annuity. Premiums of thisannuity were governed

by the age, lifestyle, and health of the policyholders seeking to enter into the annuity. These basic

rules laid down the foundation of a distinguished modern life insurance annuity company that still

exists today.

(1) Annuity.com (2) The Annuity Museum (3) The Early History of the Annuity by Edwin W. Kopf Calrima Financial & Insurance Agency

Request a quote IRA research – http://www.irajedi.com

Edwin W. Kopf, “The Early History of the Annuity,” Casualty Actuarial

Society

http://www.casact.org/pubs/proceed/proceed26/26225.pdf

“The Glorious History of Annuities,” Annuity.com

http://www.annuity.com/annuities/glorious-history-annuities

“History of Annuities,” Annuity Museum

http://www.immediateannuities.com/annuitymuseum/historyofannuities/

“History of Annuities,” Save Wealth Financial

http://www.savewealth.com/retirement/annuities/history/

Sources:

Fixed Annuity

Would you like an annuity that tracks the performance of the stock market? Would

you like an annuity that also helps to protect your principal when the market

declines? The fixed index or hybrid annuity could help you to cover both of these

objectives. This annuity has been called an equity indexed annuity, fixed

index annuity, and a hybrid annuity.

The hybrid annuity can offer: * Some market risk protection * Tax deferral * A minimum interest rate guarantee * Probate avoidance * And guaranteed minimum income payments for life.

Fixed Index or Hybrid Annuity Riders

Annuities – how can one

increase the output?

How would you like to maximize annuity income? The goal

here is to help: Maximize Annuity Income

Already have an annuity?

If you already have

an annuity we can help you

understand what you

have. What are the features?

How would the features benefit

you?

ANNUITY BASICS educates you so you can make informed

decisionx. Generally, an annuity is tax deferred. The money in an annuity

grows tax deferred like a retirement account. As with an IRA, (Individual

Retirement Arrangement – as named per IRS

document 590) the money in an annuity is ear-marked for use

after age 59 ½.

As such, annuities are not to be used without careful

consideration. Points to consider are:

* What are the surrender charges?

* How long you must I hold the annuity to get full value or

principal back?

* How will my annuity earn credits or interest?

All of these points are covered on this web site.

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Contact us :

Our primary office is located in the Prune yard Towers: 1999 S. Bascom Ave, #700 Campbell, CA 95008

Our mailing address is located in Downtown San Jose: 123 E. San Carlos Street, #221 San Jose, CA 95112

You can reach us toll-free at 866-

589-9366