At this point the contract will terminate and the remainder of the fund accumulated is forfeited unless there are other annuitants or beneficiaries in the contract. Thus a life annuity is a...
An insurance product that consumers use to help fund their retirements is selling at record... says annuity sales are still expected to remain strong by historic standards. The insurers’...
For other uses, see Annuity (disambiguation). In investment, an annuity is a series of... Annuities may be calculated by mathematical functions known as "annuity functions". An annuity...
A qualified annuity is a retirement savings vehicle that is funded with pre-tax dollars.
Collectively, the structures are called pooled annuity funds. Since the pooled annuity funds... We show that, with a finite number of members in the fund, the group self-annuitization...
Consider a closed pooled annuity fund investing in n assets with discrete-time rebalancing. At time 0, each annuitant makes an initial contribution to the fund, committing to a predetermined schedu...
Asset managers are using a new strategy to help investors to manage their retirement spending: target-date funds featuring annuities. Since the introduction of defined-contribution plans in the 1980s, almost everyone has been focused on encouraging investors to save more . Although that’s still a relevant issue, the record number of Americans hitting retirement age (sometimes referred to as the ‘ silver tsunami’ ) means that another nasty problem has reared its ugly head: helping people manage their retirement spending. ...
In fact, when comparing the costs of an annuity versus a mutual fund, there can be a big difference, with a mutual fund being less expensive. It pays to know the details about annuities...
Trained Nurses' Annuity Fund, The British Medical Journal, Vol. 2, No. 705 (Jul. 4, 1874), pp. 17-18
Variable annuities allow the owner to receive larger future payments if investments of the annuity fund do well and smaller payments if its investments do poorly. This means less stable...