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1·When my children were young, I opened a variable annuity for each of them.

当孩子们还很小的时候，我为他们各买了一份可变年金。

2·Moreover, unlike with an individual retirement account, you don't need earned income to fund a variable annuity, so you can open an account for a toddler.

此外，不象个人退休帐户，可变年金账户并不需要靠固定收入来维持。所以你甚至可以给婴儿开设这样的账户。

3·Finally, this paper studies the theoretical price and hedging strategy of the insured mutual fund redemption value program and variable annuity incorporating guaranteed minimum accumulation benefit.

最后，本文从理论上讨论保险的共同基金兑现价值计划和含最低积累受益的可变年金的定价和对冲策略。

4·The payout of annuity proceeds can be fixed, providing for a constant stream of income, or variable where the income can change over time.

企业年金收益的支付可以是固定的，或者收益随着时间而改变。