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Single life annuity |
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Single life annuityAn annuity covering one person. A straight life annuity provides payments until death, while a life annuity with a guaranteed period provides payments until death or continues payments to a beneficiary for a guaranteed term, such as ten years.Single life annuity Similar MatchesAnnuity certainAnnuity certainAn annuity that pays a specific amount on a monthly basis for a set amount of time. 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. Annuity dueAnnuity dueAn annuity with n payments, where the first payment is made at time t = 0, and the last payment is made at time t = n - 1. Compulsory purchase annuityCompulsory purchase annuitySee 'annuity'. Joint life annuityJoint life annuityIncome usually relevant to two people (for example man and wife) which continues until the death of the first person only. Further SuggestionsQualifying annuityfixed annuity Nonqualifying annuity Annuity in arrears Life annuity increasing life annuity escalating annuity Combination annuity Normal annuity form annuity Single Premium Deferred Annuity (SPDA) Period certain annuity reverse annuity mortgage variable annuity joint life and survivor annuity Annuity starting date Deferred nominal life Annuity temporary annuity Immediate payment annuity annuity certain qualifying annuity Annuity factor Equivalent annual annuity Hybrid annuity Deferred payment annuity |
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