Fixed annuity


 

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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.



Similar Matches

Annuity certain

Annuity certain

See 'annuity'.


Temporary annuity

Temporary annuity

See: 'annuity'.


Deferred nominal life Annuity

Deferred nominal life Annuity

A monthly fixed-dollar payment beginning at retirement age. It is nominal because the payment is fixed in a dollar amount at any particular time, up to and including retirement.


Joint life and survivor annuity

Joint life and survivor annuity

Income usually relevant to two people (for example man and wife) which continues until the death of the second person.


Deferred payment annuity

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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