4 Terms (of 4)
- Fixed annuities
A fixed annuity is a type of annuity contract (agreement between an insurance company and customer outlining each party’s obligation). They can be deferred (accumulate regular rates of interest) or immediate (make fixed payments) determined by age and size of an annuity.
- Green energy ETFs
A special kind of stock sold on the stock market that are bound to a resource, such as a pool of wind farms, solar farms, or both. Pays dividends loosely tied to energy production. Stock value fluctuates depending on what investors think those dividends are worth.
- Production Tax Credits (PTC)
Production tax credits are an inflation-adjusted per-kilowatt-hour (kWh) federal tax credits for the electricity generated by qualified energy resources and sold by the taxpayer to an unrelated persona during a tax year. Source: energy.gov)
- Treasury bonds
Treasury bonds are investments issued by the US treasury. They are purchased in $100 increments at a specific interest rate (currently 3%). They pay a fixed rate of interest every 6 months until they mature (terms are issued for 30 years). You can hold a bond until it matures or sell it. They have a minimum term ownership of 45 days.