Tag: annuities

What is 'Years Certain Annuity' An insurance product that pays the holder a monthly income for a specified number of years. A...

What is an 'Immediate Payment Annuity' An immediate payment annuity is an annuity contract that is purchased with a single lump-sum payment...

What is an immediate beneficiary An immediate beneficiary is a person or entity who receives benefits from a trust or other financial arrangement immediately, as...

An annuity can be best defined as a financial product which is exclusively designed and offered by insurance companies to help individuals grow funds....

What is 'Qualifying Annuity' This type of annuity is similar to any other, except that it has been approved by the IRS...

When most people think about retirement planning, the first thing that comes to mind is saving for their golden years. But what about investing...

What is 'Variable Death Benefit' The amount paid to a decedent's beneficiary that is dependent on the performance of an investment account...

What is a Variable Annuity A variable annuity is a type of investment that offers the potential for tax-deferred growth and a death benefit. With...

What is 'Joint Life With Last Survivor Annuity' An insurance product that, when annuitized, makes payments to the annuitant, the annuitant and...