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Life annuity |
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Life annuityAn annuity that pays a fixed amount for the lifetime of the annuitant.Life 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. Annuity starting dateAnnuity starting dateThe date on which annuity benefit payments start to be paid to an annuitant. Annuity certainAnnuity certainSee 'annuity'. Deferred payment annuityDeferred payment annuityAn annuity that stipulates payments be made to the annuitant at a later date, such as when the annuitant reaches a certain age. Annuity deferralAnnuity deferralIt used to be the case that you could only receive your pension from a personal pension plan by buying an annuity. You can now also choose to defer (up to age 75) the purchase of an annuity with your pension fund and take an income directly from the fund. Further SuggestionsSingle Premium Deferred Annuity (SPDA)variable annuity Qualifying annuity Single life annuity joint life and survivor annuity joint life annuity fixed annuity Deferred nominal life Annuity Annuity in arrears annuity Nonqualifying annuity Combination annuity Annuity certain escalating annuity reverse annuity mortgage Hybrid annuity temporary annuity increasing life annuity Period certain annuity purchased life annuity qualifying annuity Immediate payment annuity Joint and survivor annuity compulsory purchase annuity Annuity due |
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