
Variable Annuity Definition & Example | InvestingAnswers
Oct 19, 2020 · A variable annuity is a contract sold by an insurance company. The contract provides the holder with future payments based on the performance of the contract's …
Deferred Annuity Definition & Example | InvestingAnswers
Oct 1, 2019 · A deferred annuity is a type of annuity that delays monthly or lump-sum payments until an investor-specified date.
Indexed Annuity Definition & Example | InvestingAnswers
Aug 12, 2020 · How Does an Indexed Annuity Work? An annuity is a contract whereby an investor makes a lump-sum payment to an insurance company, bank or other financial institution that …
Annuitization Definition & Example | InvestingAnswers
Mar 16, 2021 · An annuity is a contract whereby an investor makes a lump-sum payment to an insurance company, bank or other financial institution that in return agrees to give the investor …
Present Value | Formula & Definition | InvestingAnswers
Jan 9, 2021 · What is present value? With InvestingAnswers’ straightforward financial content, discover the present value formula, how to calculate it, & why it matters.
Qualified Annuity Definition & Example | InvestingAnswers
Jun 1, 2021 · How Does Qualified Annuity Work? An annuity is a contract whereby an investor makes a lump-sum payment to an insurance company, bank or other financial institution that, …
Annuity Definition & Example | InvestingAnswers
Mar 16, 2021 · A Variable Annuity is a personal retirement account in which the investment grows tax-deferred until the investor is ready to withdraw the assets. Another important feature of the …
Joint Life with Last Survivor Annuity Definition & Example
Sep 29, 2020 · What is a Joint Life with Last Survivor Annuity? A joint life with last survivor annuity is an annuity that provides spouses with income until both spouses have died. The …
b -- 403 Retirement Plan -- Definition & Example | InvestingAnswers
Sep 29, 2020 · What is a 403b Retirement Plan? A 403 (b), commonly referred to as a Tax-Deferred Annuity (TDA) or Tax-Sheltered Annuity (TSA) plan, is a retirement savings plan …
Immediate Payment Annuity Definition & Example
Mar 16, 2021 · What is Immediate Payment Annuity? Immediate payment annuities (also called single-premium immediate annuities or SPIAs) are annuities that begin making payments to …