Annuitant
Annuitant definition :
An individual who receives benefits from an annuity.
TSCTrade.com ...
Annuitant
The beneficiary or beneficiaries (in a last-to-die arrangement) of an annuity who receives a stream of payments pursuant to the terms of the annuity contract. ...
Annuitant
1. A person who receives the benefits of an annuity or pension.
2. The person upon whom a life-insurance contract is based.
Notes:
1. In other words, the annuitant is the beneficiary of an annuity or pension.
annuitant
individual receiving benefits from an annuity. The annuity owner can choose to annuitize the policy, meaning that he or she begins to receive regular payments from the annuity.
Dictionary of Business Terms ...
ANNUITANT - An annuitant is a person who receives income from an annuity. If you receive a distribution...
ANNUITIES - Contracts that guarantee income, often for an individual's lifetime, in exchange for a lump...
Annuitant - An individual who purchases an annuity and will receive payments from that annuity.
Annuity - A contract that guarantees a series of payments in exchange for a lump sum investment.
Annuitant
An investor who is receiving annuity payments.
See: Annuity ...
Annuitant: The person to whom an annuity is payable.
Annuity Cash Refund: In an income for life annuity, the contract may include a death benefit for the total premiums paid.
Annuitant
The person, usually the annuity owner, whose life expectancy is used to calculate the income payment amount on the annuity.
Annuitant - The individual upon whose life the annuity is based and the individual who will receive the annuity payments if the contract is annuitized. In most cases, the annuitant and annuity owner are the same individual.
ANNUITANT: The person whose life expectancy is used to measure the length of time income payments are payable under the immediate annuity contract. This person is usually designated to receive the income.
ANNUITANT " Investor receiving annuity payments.
ANNUITY " A contract between an insurance company and an individual.
Annuitant
This is the person during whose life an annuity is payable.
Beneficiary ...
annuitant: A person who receives payment from an annuity.
annuity: A series of payments made at equal intervals of time, such as rent, mortgage payments, auto loan payments, and interest payments.
Annuitant
An individual who receives benefits from an annuity.
Annuitize
To commence a series of payments from the capital that has accumulated in an annuity. The payments may be a fixed amount, for a fixed period of time, or for a lifetime.
Joint Annuitant (JA): This is an individual chosen by the retiree at the time of retirement who will receive a monthly benefit after the retiree's death. The monthly benefit will continue until the JA dies.
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Annuitants can designate beneficiaries to receive investment earnings. Primary beneficiary designations encompass: spousal, non-spousal, and unusual owner-annuitant which includes married couples who jointly own plans.
Annuitant
Person who receives an annuity.
Annuity
A periodic payment from an invested lump sum of principal, retirement contributions or insurance premiums.
Annuitant
The holder of an annuity. In life insurance, a person during whose life a life annuity is payable. Usually the annuitant receives the annuity payments.
Appropriated Surplus ...
Annuitant - Is the party receiving annuity payments.
Annuity - Is an insurance product which comes in two basic forms: fixed and variable. The fixed version can make a lump sum or periodic lifetime payments to the annuitant.
ANNUITANT
The person who benefit payments for the annuity are based and who receives or will receive the income benefit from an annuity.
ANNUITIZED ...
The date when an annuitant starts receiving payments from an annuity.
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Personal Finance Glossary ...
Period-certain annuity An annuity that provides guaranteed payments to an annuitant for a specified period of time.
Deferred payment annuity An annuity that stipulates payments be made to the annuitant at a later date, such as when the annuitant reaches a certain age. Deferred tax expense A non-cash expense that provides a source of free cash flow.
Fixed annuity Annuity that guarantees fixed payments to the annuitant, either for life or for a set period of time. Fixed-income security A security, such as a bond or preferred stock, that pays a constant income each period.
deferred payment annuity An annuity by whose terms payments are made to the annuitant only after a specified period of time has passed. deferred revenue Deferred Revenue refers to income or income items a business receives but has...
Variable annuities do not distribute current capital gains because all distributions are deferred until retirement, at which time annuitants' capital gains are taxed at a lower rate.
Life annuity An annuity that pays a fixed amount for the lifetime of the annuitant. Life cycle The lifetime of a product or business, from its creation to its demise or transformation.
Annuitant
A person in receipt of an annuity....(Read more)
Annuitise
The commencement of regular payments from capital that has accumulated in an annuity....(Read more)
Annuitize ...
An annuity is an investment related product designed to provide monetary payments to an annuitant at regular intervals. In many cases, an annuity is contract sold by an insurance company.
Joint Life With Last Survivor Annuity - An insurance product that, when annuitized, makes payments to the annuitant, the annuitant and his/her spouse, ...
An insurance product that features a predetermined periodic payout amount until the death of the annuitant. These products are most frequently used to help retirees budget their money after retirement.
The principal object of his report is to prove that, taking interest at 4%, a life annuity was worth at least sixteen years' purchase; and, in fact, that an annuitant purchasing an annuity for the life of a young and healthy nominee at sixteen ...
The dictionary definition is a contract issued by an insurance company that pays an annuitant an amount periodically for a certain time for the remainder of his life.
Annuity: An insurance product that pays an income benefit on a specific date, for a specific time, or for the lifetime of the person(s) receiving the annuity (the annuitant).
Fixed Term Life Annuity: An annuity under which payments are guaranteed for the life of the annuitant. A series of regular periodic payments comprising principal and interest. An annuity is a contract providing for a series of payments.
Joint and survivor " the first annuitant receives a predetermined amount at regular intervals for life.
Joint Life Annuity
An annuity naming an annuitant and a second person. If the annuitant dies the second person continues to receive payments for life. Joint life annuities provide lower payments than straight life to each annuity beneficiary.
An annuity or RRIF under which income payments to the annuitant commence some time after the date it is purchased. A registered retirement income fund (RRIF) is an investment vehicle used to produce income in retirement.
Annuity that makes payments for the lifetime of two or more beneficiaries, often a husband and wife. When one of the annuitants dies, payments continue to the survivor annuitant in the same amount or in a reduced amount as specified in the contract.
Mortality risk: The risk that the remaining lifetime for an annuitant will be different than expected by the mortality tables used by the insurance company.
Payment of an annuity, until the death of the annuitant.
Lifetime Maximum
The maximum amount of eligible medical expenses that the medical policy will pay for. This is during the lifetime of the insured.
Your income is based on the annuity's price, your age (and your joint annuitant's age if you name one), the term length, and the specific details of the contract. It's also dependent on the annuity provider's ability to meet its obligations.
An annuity that stipulates payments be made to the annuitant at a later date, such as when the annuitant reaches a certain age.
Deferred taxes ...
A type of insurance contract that guarantees future payments to the holder, or annuitant, usually at retirement. The annuity's value varies with that of the underlying portfolio securities, which may include mutual fund shares.
Annuity payments that are guaranteed to continue (usually on a monthly basis) until the death of the second annuitant.
payments may cease when the annuitant (purchaser) dies, even if the annuity was recently purchased
certain number of payments may be guaranteed
payments may continue to be paid to a surviving spouse ...
For example, life with a 10-year period certain means payouts will last a lifetime, but should the annuitant die during the first 10 years, the payments will continue to beneficiaries through the 10th year.
Guaranteed Term: The length of time for which annuity payments are guaranteed. If the annuitant dies before the specified term, payments will continue to the beneficiary until the term ends.
Insurance company guarantees dollar amount of payments to the annuitant for the period covered under the contract.
Fixed Exchange Rate ...
Wraparound annuity
An investment that allows the annuitant the choice of underlying investments tax-deferred.
Annuity. A series of regular payments, usually from an insurance company, guaranteed to continue for a specific time, usually the annuitant's lifetime, in exchange for a single payment or a series of payments to the company.
Annuity. A form of investment contract sold by life insurance companies which guarantees a fixed or variable payment to the annuitant at some specified time in the future, usually retirement.
An annuity contract is a contract that provides for periodic payments starting from a certain date and continuing for a fixed period or for the life of the annuitant.
Insurance of a United States Risk
United States risk is defined follows: ...
A contract between the contract owner and an insurance company guaranteeing that in return for a purchase payment(s), a series of fixed or variable income payments will be paid for the life of the annuitant or for a specified period of time, ...
 See also: Expense, Banks, Values, Funding, Acquisitions
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