qualified joint and survivor annuity
Definition
An annuity that pays out at one level for the duration of the holder's life and then another level, between 50% and 100% of the original, for the duration of the holder's spouse's life.
Cite this definition
Related Research Articles from the InvestorGuide.com University
IRAs Thinking of starting an Individual Retirement Account, or looking for more information on one you already have set up? This article includes information on setting an IRA up, some common yet often confusing IRA terminology, converting an IRA, and rolling an IRA over.

Estate Planning Provides a guide to the estate planning process. Includes information on wills, living trusts, irrevocable trusts, and future healthcare decisions.

Annuities Learn 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.

Featured Sponsor
Start earning $200 to $900 a day working at home. No experience necessary. Money-back guarantee.
|