life annuity
Definition
Annuity that continues to pay out as long as the annuitant is alive.
Cite this definition
Related Terms
single-life annuity, joint life annuity, joint and survivor annuity
'life annuity
' appears in the definitions of these other terms on BusinessDictionary.com
whole life annuity, annuity certain, pension maximization
Related Research Articles from the InvestorGuide.com University
AnnuitiesLearn all you need to know about annuities. Includes a description of fixed, variable, and equity-indexed annuities, with emphasis on taxes, distributions, payments, and fees of each.
401(K)Learn the details about 401(k) retirement plans, including eligibility, contributions, investment options, fees and expenses, beneficiaries, and payment options at the time of retirement.
403(B)403(b) plans are retirement plans for certain kinds of tax-exempt employers. Learn about eligibility, fees and expenses and transferability of these plans.
Featured Sponsor
|