Tag: lifetime

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...

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...

Canada Education Savings Grant (CESG)

Canada Education Savings Grant (CESG) What is 'Canada Education Savings Grant - CESG' A grant from the Government of Canada paid directly...

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 Terminable Interest Property (QTIP) Trust

Qualified Terminable Interest Property (QTIP) Trust What is a 'Qualified Terminable Interest Property (QTIP) Trust' A qualified terminable interest property (QTIP) trust...

Family Income Rider

Family Income Rider What is 'Family Income Rider' An addition to a life insurance policy that provides the beneficiary with an amount...

Generation-Skipping Trust

Generation-Skipping Trust What is a 'Generation-Skipping Trust' A generation-skipping trust is a type of legally binding trust agreement in which the contributed...

Generation-Skipping Transfer Tax (GSTT)

Generation-Skipping Transfer Tax (GSTT) What is 'Generation-Skipping Transfer Tax - GSTT' A tax incurred when there is a transfer of property by...

Qualified Joint And Survivor Annuity (QJSA)

Qualified Joint And Survivor Annuity (QJSA) What is 'Qualified Joint And Survivor Annuity - QJSA' An annuity payment from a qualified plan...

Joint Life With Last Survivor Annuity

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

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