General Account

The general account contains assets of the insurance company and along with separate account provides the foundation of a variable annuity. The general account offers more conservative investment options which provide fixed rates of return that are guaranteed by the insurance company. In this sense, it is similar to a fixed annuity. Variable annuity contract owners are able to transfer their funds among the general account and separate account. It is important to be aware that funds in the general account are subject to credit risk in the event that the insurer becomes insolvent.

Is the River Source Variable annuity backed by the State Guaranty Association?

There are 2 parts of a

Who insures my annuity? What happens if they fail?

"What happens to my

What are the differences between variable, fixed and immediate annuities?

There are many, many different types of annuities. 

Key Phrases: 

Are the companies that provide annuity products safe in the current upheaval of the banking and financial services industry?

There has been a ton of recent discussion in the press about the financial health of life and

High expenses or fees are one criticism I have heard regarding annuities. Can you explain the fee structure around annuities?

Annuities are products that combine insurance and, in the case of variable annuities,