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Fixed annuity |
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Fixed annuityIn 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 MatchesAnnuity certainAnnuity certainSee 'annuity'. Wraparound annuityWraparound annuityAn investment that allows the annuitant the choice of underlying investments tax-deferred. Annuity starting dateAnnuity starting dateThe date on which annuity benefit payments start to be paid to an annuitant. Annuity factorAnnuity factorPresent value of $1 paid for each of t periods. Tax sheltered annuityTax sheltered annuityA type of retirement plan under Section 403(b) of the Internal Revenue Code that permits employees of public educational organizations or tax-exempt organizations to make before-tax contributions via a salary reduction agreement to a tax-sheltered retirement plan. Employers are also allowed to make direct contributions on behalf of employees. Further SuggestionsSingle Premium Deferred Annuity (SPDA)Nonqualifying annuity Combination annuity Qualifying annuity reverse annuity mortgage Life annuity Immediate payment annuity Deferred payment annuity joint life annuity Annuity certain Period certain annuity Single life annuity retirement annuity contract (RAC) Annuity in arrears joint life and survivor annuity Annuity starting date Annuity due Equivalent annual annuity increasing life annuity temporary annuity Deferred nominal life Annuity variable annuity annuity deferral Hybrid annuity compulsory purchase annuity |
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