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AAPL 201.44 -0.5333% MSFT 387.404 -0.1047% NVDA 113.27 2.3123% GOOGL 155.91 -1.9865% GOOG 158.345 -1.9353% AMZN 180.485 -0.8978% META 524.63 -1.2889% AVGO 180.405 1.1466% LLY 754.88 0.0703% TSLA 252.9639 0.2433% TSM 157.01 0.7508% V 337.39 0.6593% JPM 235.7582 0.4423% UNH 584.125 -0.4999% NVO 64.4203 -2.4821% WMT 95.085 0.3747% LVMUY 109.89 -3.3849% XOM 103.855 0.4498% LVMHF 550.0 -3.5088% MA 519.45 1.364%

Home » Glossary

Variable Annuity

Updated on August 29, 2023

A variable annuity is a contract that is sold by an insurance company and it provides the holder with future payments depending on the performance of the underlying securities mentioned in the contract.

The insurer provides the holder with a minimum payment but the rate of return on the underlying asset may change.

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