登录之后可查看解析

Since variable annuities are invested in mutual fund like sub-accounts that can be directly invested in equities they offer a return that can meet or exceed the inflation rate. For example if the return in the equity-like subaccounts is high enough the annuity payments will increase instead of stay the same as would be the case with a fixed annuity. Both fixed and variable annuities offer income streams for the remaining life of the annuitant. The variable annuity’s cash flows are not stable and will fluctuate according the investment returns in the sub-accounts and will not keep pace with inflation if the returns are less than the inflation rate.