An annuity contract may also be structured so that it has only the annuity phase; such a contract is called an immediate annuity. Note this is not always the case. Immediate annuity [edit]...
English Alternative forms RAC Noun retirement annuity contract ( plural retirement annuity contracts ) ( UK , pensions ) A type of UK pension scheme with specific benefits, sold prior to...
English Noun retirement annuity contracts plural of retirement annuity contract
the contract (there is no accumulation phase). An immediate annuity is good for turning a large amount of money into a source of permanent income (some kind of pension). It is not widely...
A qualified longevity annuity contract (QLAC) is a deferred annuity that is funded from a qualified retirement account, such as an IRA.
an annuity contract. These financial products are appropriate for investors, known as annuitants, who want stable, guaranteed retirement income. Invested cash is illiquid and subject to...
Immediate annuity [edit] An annuity with only a distribution phase is an immediate annuity, single premium immediate annuity (SPIA), payout annuity, or income annuity. Such a contract is...
An indexed annuity is a type of annuity contract that pays interest based on a market index, such as the S&P 500.
배울 내용 ; Understand basics of Life Insurance ; Understand basics of Annuity ; Understand differences between Life Insurance and Annuity ; Understand Types of Life Insurance
A qualified life annuity contract helps retirees with guaranteed payments to last their entire lives.