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Hybrid annuity |
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Hybrid annuityA type of insurance company investment that combines the benefits of both a fixed annuity and a variable annuity.Hybrid annuity Similar MatchesTax 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. Reverse annuity mortgages (RAM)Reverse annuity mortgages (RAM)Bank loan for an amount equal to a percentage of the appraisal value of the home. The loan is then paid to the homeowner in the form of an annuity. Annuity certainAnnuity certainAn annuity that pays a specific amount on a monthly basis for a set amount of time. Life annuityLife annuityAn annuity that pays a fixed amount for the lifetime of the annuitant. Deferred nominal life AnnuityDeferred nominal life AnnuityA 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. Further Suggestionsjoint life and survivor annuityretirement annuity contract (RAC) Deferred payment annuity joint life annuity variable annuity Single life annuity annuity deferral Single Premium Deferred Annuity (SPDA) Annuity factor Equivalent annual annuity Normal annuity form Annuity due Nonqualifying annuity annuity certain annuity starting date qualifying annuity Joint and survivor annuity Annuity starting date Qualifying annuity annuity Immediate payment annuity reverse annuity mortgage Annuity in arrears Wraparound annuity Combination annuity |
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