Related Words

Annuity Certain: An annuity that pays a specific amount on a monthly basis for a set amount of time.

Normal Annuity Form: The manner in which retirement benefits are paid out.

Period-Certain Annuity: An annuity that provides guaranteed payments to an annuitant for a specified period of time.

Present Value Of An Annuity: The value today of a series of equally spaced, equal-amount payments to be made or received in the future given a specified interest rate.

Nonqualifying Annuity: An annuity that does not fall under an IRS-approved pension plan. Contributions are made with after-tax dollars, but earnings can accumulate tax-deferred until withdrawal.

Life Annuity: An annuity that pays a fixed amount for the lifetime of the annuitant.

Inflation Uncertainty: Also called purchasing power risk, the risk that changes in the real return the investor will realize after adjusting for inflation will be negative.

Joint And Survivor Annuity: A type of annuity opened by and intended for two people, that makes payments for the entire lifetime of both beneficiaries, even if one of them dies.

Qualifying Annuity: An annuity allowable as investment for a qualified plan or trust.

Nonqualified Annuity: An annuity you buy on your own, rather than through a qualified employer sponsored retirement plan or individual retirement arrangement, is a nonqualified annuity. Nonqualified annuities are . . . View Full Definition