index annuity
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annuity — an·nu·ity /ə nü ə tē, nyü / n pl ities [Medieval Latin annuitas, from Latin annuus yearly] 1: an amount payable at regular intervals (as yearly or quarterly) for a certain or uncertain period 2: the grant of or the right to receive an annuity his … Law dictionary
Annuity (US financial products) — In the U.S. an annuity contract is created when an individual gives a life insurance company money which may grow on a tax deferred basis and then can be distributed back to the owner in several ways. The defining characteristic of all annuity… … Wikipedia
Annuity (European financial arrangements) — An annuity can be defined as a contract which provides an income stream in return for an initial payment.Immediate annuityAn immediate annuity is an annuity for which the income stream begins at a time after the initial payment which is less than … Wikipedia
annuity — /ə nju:ɪti/ noun money paid each year to a retired person, usually in return for a lump sum payment. The value of the annuity depends on how long the person lives, as it usually cannot be passed on to another person. Annuities are fixed payments … Dictionary of banking and finance
Index of Dependency — The annual Index of Dependency, published by the Heritage Foundation s Center for Data Analysis, attempts to measure government expansion in America and the degree of reliance on social support programs. Though established in 2002, the index has… … Wikipedia
Equity-indexed annuity — An equity index annuity in the United States is a type of tax deferred annuity whose credited interest is linked to an equity index SEE EXAMPLE HERE>> [http://ffradvisor.com/marketindex.html] , and typically uses the S P 500 or international… … Wikipedia
Indexed Annuity — A special class of annuities that yields returns on your contributions based on a specified equity based index. These annuities can be purchased from an insurance company, and similar to other types of annuities, the terms and conditions… … Investment dictionary
relevant linked annuity — Under the Finance Act 2004, an annuity is a relevant linked annuity if it increases in amount each year solely by reference to changes in the retail prices index, the market value of freely available assets or an index that reflects the market… … Law dictionary
Income Annuity — Annuities designed to start paying income as soon as the policy is initiated. The income annuity is annuitized immediately, although the underlying income units may be in either fixed or variable investments. As such, the income payments may… … Investment dictionary
pension — pen·sion n: money paid under given conditions to a person following retirement or to surviving dependents see also defined benefit plan, defined contribution plan Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
annual allowance — index annuity, pension Burton s Legal Thesaurus. William C. Burton. 2006 annual allowance … Law dictionary
