• For certain types of pensions, the person receiving the pension agreement payments if the retiree or his heirs die while the payments are still pending.



Meanings of ANNUITY:
  1. Usually a certain amount of money is paid to someone for life every year.

  2. A type of insurance or investment that entitles the investor to a variety of annual payments.

Sentences of ANNUITY
  1. If investors want to invest most of their savings fast, they must invest in an annual amount.

  2. If they want to save, they can do so and, before retirement, decide whether to spend or buy their retirement money.

  3. After retirement, savers can choose a pension with a fixed or variable interest rate.

  4. If you accept a full tax-free amount, you will usually have to make an annual purchase with the remaining funds.

  5. There may be a fixed rate or variable product with sub-accounts in tax-exempt years.

  6. Beneficiaries can often change the amount from one year to the next, but this will ignore any declining health, for example.

  7. Pensions on which retirees buy fixed income may also vary.

  8. He said the money would be used for old age pensions, which are annual sums and lump sums.

  9. Retirement offers a lifetime income guarantee.

  10. Government retirement, what will happen to those who depend on fixed income such as their savings (unfair taxes) and pensions?

  11. Low interest rates lower the retirement rate that most traditional pension funds can earn, including fixed invitations as well as bonds and certificates of deposit.

  12. A fixed pension helps stabilize investment income and is often withdrawn by people who do not have a full-time job, are about to retire or have retired.

Synonyms of ANNUITY

contribution, benefit, consideration, pocket money, maintenance, expenses, financial support, pension, upkeep, stipend, subsistence, sum of money, subsidy, grant, annuity, handout, remittance, keep


Meanings of BENEFICIARY:
  1. Someone who benefits from something, especially a trust, will, or life insurance policy.

Sentences of BENEFICIARY
  1. Beneficiaries of the fund included Danish nuclear physicist and Nobel laureate Niels Bohr.

  2. He is thought to have benefited from the trust his mother left him after his death in 1983.

  3. In the long run, newspapers themselves benefit from an open access policy.

  4. The reformists saw the working class as passive beneficiaries of their policies.

  5. In fact, there is no evidence that he has been identified as a beneficiary of this policy.

  6. If it is to benefit from colonialism, it is usually discretionary.

  7. Everyone is going to take advantage of this trust and have the right to use it.

  8. The first admin has the right to sell.


inheritor, heiress, legatee