Tag: annuity

Years Certain Annuity

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

Immediate Payment Annuity

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

Immediate Beneficiary

Immediate Beneficiary What is 'Immediate Beneficiary' A beneficiary designation most commonly used in charitable gift planning to describe which parties get an...

Annuity

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

Charitable Remainder Trust

DefinitionA charitable trust is an irrevocable trust established for charitable purposes and, in some jurisdictions, a more specific term than "charitable organization". A charitable...

Qualifying Annuity

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

Qualified Pre-Retirement Survivor Annuity (QPSA)

Qualified Pre-Retirement Survivor Annuity (QPSA) What is 'Qualified Pre-Retirement Survivor Annuity - QPSA' A death benefit that is paid to the...

Qualified Retirement Plan

Qualified Retirement Plan What is a 'Qualified Retirement Plan' A type of retirement plan established by an employer for the benefit of...

Qualified Annuity

Qualified Annuity What is a 'Qualified Annuity' A qualified annuity is a financial product that accepts and grows funds, and is funded...

Qualified Personal Residence Trust (QPRT )

Qualified Personal Residence Trust (QPRT ) What is 'Qualified Personal Residence Trust – QPRT ' A specific type of trust that allows...

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