Examples of 'immediate annuity' in a sentence
Meaning of "immediate annuity"
immediate annuity: This phrase refers to a financial product that provides a regular income stream starting immediately after a lump sum payment.
How to use "immediate annuity" in a sentence
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immediate annuity
Contributors entitled to an immediate annuity or immediate annual allowance.
An immediate annuity is a contract that insurance companies sell.
Note that this is different from an immediate annuity.
An immediate annuity is an unreduced superannuation benefit payable immediately after retirement.
In this type of annuity we are talking about an immediate annuity.
Also called immediate annuity.
O submit his or her resignation if eligible for an immediate annuity.
An immediate annuity is another investment for those approaching retirement age to consider.
O exclusion for persons eligible for an immediate annuity.
With an immediate annuity in exchange for a lump sum deposit you receive income for life.
Another choice in this stage is to buy an immediate annuity.
O An immediate annuity is not an option available to this group of employees.
O are not entitled to an immediate annuity.
Immediate Annuity definition.
This benefit is calculated in the same manner as an immediate annuity.
See also
The immediate annuity calculation formula is as follows,.
Then you buy the highest immediate annuity payment.
Coverage will continue automatically for an eligible employee with an immediate annuity.
There is one main difference between an immediate annuity and a deferred annuity.
This benefit is calculated using the formula described above for an immediate annuity.
The amount of your immediate annuity is estimated as follows,.
This involves deciding if you want a deferred or immediate annuity.
However, remember that the immediate annuity will provide income.
Get guaranteed income for retirement by purchasing a single premium immediate annuity today.
In contrast, an immediate annuity starts paying you income right after you buy.
Most index annuities work the same way that an immediate annuity works.
An immediate annuity provides a secure, tax-advantaged way to receive income from assets.
O Must be entitled to an immediate annuity.
Entitlement held to both an immediate annuity based on locked-in service and a cash termination allowance.
Max Benefit Easy closes your supply gap with a guaranteed and lifelong immediate annuity.
Under new plan provisions, an unreduced immediate annuity is also payable under the following circumstances.
In that manner it 's comparable for getting an immediate annuity.
It is an Immediate Annuity plan, which can be purchased by paying a lump sum amount.
On that date he became entitled to an immediate annuity under the PSSA.
Immediate annuity Once a request is sent, it is immediately added to the queue for processing.
The first type of annuity is an Immediate Annuity.
It is an Immediate Annuity plan, that you can buy by paying a lump sum amount.
Exclusion for persons eligible for an immediate annuity 7.
Immediate Annuity When to make your option,.
On retirement, when an employee is entitled to an immediate annuity under the.
Single-Premium Immediate Annuity allows you to invest and take immediate income payments.
However, virtually anyone can decide to buy an immediate annuity.
Conversion to immediate annuity on disability 50.
If the payments begin right away, you have an immediate annuity.
An immediate annuity requires a lump-sum premium and, like a pension, provides an appointed monthly payment.
O stop participating before being eligible for an immediate annuity a deferred annuity *.
O Option - Immediate annuity based on 28 years of pensionable operational service.
If the payments start at the outset of the contract, it is an immediate annuity.
O The exclusion for persons eligible for an immediate annuity applies to unilingual persons who are,.
In other words, they can convert their lump sum into an immediate annuity.
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No other additional annuity will be granted to him
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It will be a nice annuity when he comes out