annuities

listen to the pronunciation of annuities
English - English
A series of payments purchased with a lump sum, usually from a life insurance company
College Retirement Equities Fund (CREF) The first variable annuity company in the United States, established in 1952 (AN) Combination Annuity A contract which combines both the guarantees of a fixed annuity and the non-guarantees and investment risk of a variable annuity (AN) Contingent Annuitant A person(s) named to receive annuity benefits if the primary annuitant is deceased at the time benefits become payable (AN) Contingent Annuity An annuity in which payment of benefits is contingent upon the occurrence of an uncertain event, such as death of a person not an annuitant For example, an annuity might be purchased to pay benefits to a wife in the event of the death of her husband (AN)
Contracts sold by life insurance companies (the seller must be a licensed insurance entity in your state) In the simplest case, you pay a sum of money (either a lump sum or a series of payments) and the insurance company makes periodic payments to you, beginning on the date in your contract and continuing for the rest of your life or for a specified period The earnings on your annuity payments are not taxable during the accumulation phase of your agreement, but are taxable as income when you receive them
plural of annuity
Definition Coming Soon!
An annuity is the payment of a regular income by a life company to an annuitant in exchange for a lump sum either for life or shorter periods Annuities are typically used for retirement pensions and the individual receiving the annuity is known as an annuitant Annuities can broadly be classified into two types: (A) Compulsory purchase annuity which is bought from the proceeds of a pension fund and is taxable as earned income (B) A purchased life annuity which is bought with an individual's own capital and is taxed at a lower rate than a compulsory purchase annuity
are products issued by a life insurance company which provide a guaranteed monthly income for a fixed term or until death Two main categories are registered annuities (purchased with money from an RRSP) and prescribed annuities (purchased with non- registered funds) When an RRSP is placed with a life insurance company, it is technically called a "deferred annuity"
Periodic fees (essentially taxes) paid to foreign governments to keep patents or patent applications alive; analogous to maintenance fees paid to keep U S patents alive
(See Income )
annuity
an annual allowance, payment, or income
annuity
{n} a yearly allowance or set payment
Annuity
(1) a payment of funds, often at a minimum guaranteed amount, made yearly, monthly or at other regular intervals (2) a type of policy offered by insurance companies in which the policy holder makes payments for a fixed period or until a stated age, and then receives annuity payments from the insurance company [OTS] A regular periodic payment made by an insurance company to a policyholder for a specified period of time [Harvey] Investment that produces a level stream of cash flows for a limited number of periods [WCSU]
Annuity
income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity"
Annuity
(1) A contract that provides an income for a specified period of time such as a number of years or for life (2) The periodic payments provided under an annuity contract (3) The specified monthly or annual payment to a pensioner Often used synonymously with pension
Annuity
A regular periodic payment made by an insurance company to a policyholder for a specified period of time
Annuity
A contract that provides for periodic payments starting after a stated period or on a contingent date and continuing for a fixed period, or for the remaining life of the annuitant
Annuity
An amount paid at regular intervals for a set period of time Your mortgage payments are a form of annuity paid to the lender
Annuity
A contract by which an insurance company agrees to make regular payments to someone for life or for a fixed period in exchange for a lump sum or periodic deposits
Annuity
A sum of money which is payable regularly You can pay a lump sum to an insurance company to buy an annuity The insurance company pays you an income, usually for the rest of your life The amount of income is fixed at the outset You cannot usually get your lump sum back Pensions from retirement annuity contracts and personal pension plans are usually paid as annuities
Annuity
A series of income payments of receipts over a period of years
Annuity
A life insurance company contract that provides a series of periodic payments for a specified period or lifetime
Annuity
A contract that provides an income for a specified period of time or for life (or joint lives) The specified monthly or annual payment to a pensioner Often used synonymously with pension
Annuity
A tax-deferred investment product sold by insurers, banks, brokerage firms and mutual fund companies Fixed annuities provide a rate of return that is fixed for a year or so but then can move up and down Variable annuities allow investors to allocate their money among a basket of mutual fund-like subaccounts; the return depends on the performance of the funds selected Watch out for high sales commissions, expense ratios and penalties for early withdrawals See "Does Anyone Really Need Annuities?" for more information BACK TO TOP
Annuity
A series of payments over a period of time The payments are usually in equal amounts and usually at regular intervals such as quarterly, semi-annually, or annually
Annuity
a life insurance company contract that pays a periodic income benefit for a specific period or lifetime
Annuity
A contract by which an insurance company agrees to make regular payments to someone for life or for a fixed period See Fixed Annuity and Variable Annuity
Annuity
A form of periodic payment Made to the recipient at consistent periodic intervals either for life or for a fixed period of time
Annuity
An amount paid yearly or at other regular intervals, often on a guaranteed dollar basis
Annuity
A fixed sum payable to a person at specified intervals for a specific period of time or for life Payments represent a partial return of capital and a return on the capital investment Therefore, an exclusion ratio must generally be used to compute the taxable and nontaxable amounts
Annuity
Periodic payments to a person, usually for life
Annuity
A tax-deferred contract that can provide an income for a specified time period, such as a number of years or for life There are two types of annuities: deferred annuities, which allow you to grow your assets tax deferred and convert your account balance to income payments at a later date, and immediate annuities, which generally allow you to receive income payments right away
Annuity
A financial arrangement, where periodic payments are made to the holder of the annuity in exchange for the investment of a lump sum amount They are often used in the provision of retirement incomes
Annuity
A contract that provides for a series of payments at regular intervals, usually for the life of the payee or annuitant
Annuity
A contract between a private individual and a life insurance company The individual pays a sum of money that is invested and in return the insurance company makes periodic payments to the individual as specified in the contract Annuities are primarily used as a vehicle for retirement income
Annuity
A contract between an individual and an insurance company that provides for periodic payments to the individual or designated beneficiary in return for an investment Typically, an annuity agrees to provide payments to the annuitant beginning at some future date The payments may continue for the lifetime of the annuitant, or for an agreed-upon term of years
Annuity
A contractual arrangement to pay a fixed sum of money to an individual at regular intervals The charitable gift annuity is a gift to a charity, such as Haverford College, that secures a stream of fixed lifetime payments to the donor and/or another individual
Annuity
A type of investment contract that pays you income at regular intervals, usually after retirement
Annuity
Analyst
annuity
A right to receive amounts of money regularly over a certain fixed period, in perpetuity, or, especially, over the remaining life or lives of one or more beneficiaries
annuity
A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance
annuity
{i} yearly allowance; yearly pension; yearly income
annuity
An annuity is an investment or insurance policy that pays someone a fixed sum of money each year. annuities a fixed amount of money that is paid each year to someone, usually until they die. Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. Under an annuity certain, a specified number of payments are made, after which the annuity stops. With a contingent annuity, each payment depends on the continuance of a given status; for example, a life annuity continues only as long as the recipient survives. Contingent annuities such as pension plans or life insurance depend on shared risk. Everyone pays in a fixed amount until the annuity begins; some will not live long enough to receive back all the money they have paid, while others will live long enough to collect more than they have paid
annuity
income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity
bank annuities
government bonds (interest from government bonds paid periodically)
consolidated annuities
combined annuities (in Britain)
annuities
Favorites