Annuity certain


 

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Annuity certain

An annuity that pays a specific amount on a monthly basis for a set amount of time.

Annuity certain

See 'annuity'.



Similar Matches

Single Premium Deferred Annuity (SPDA)

Single Premium Deferred Annuity (SPDA)

An IRA-like annuity into which an investor makes a lump-sum payment that is invested in either a fixed-return instrument or a variable-return portfolio, which is taxed only when distributions are taken.


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Fixed annuity

In the US, an annuity which guarantees payments to an annuitant which are fixed for life or a specific period. Similar to a level annuity in the UK.


Qualifying annuity

Qualifying annuity

An annuity allowable as investment for a qualified plan or trust.


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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.


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An investment that allows the annuitant the choice of underlying investments tax-deferred.


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