ANNUITY CONTRACT OWNER,
What is ANNUITY CONTRACT OWNER?
Natural or legal person who buys annually and has all rights to the contract. Usually, but not always, it is the beneficiary (who receives contract income).
Literal Meanings of ANNUITY CONTRACT OWNER
Meanings of ANNUITY:
Usually a certain amount of money is paid to someone for life every year.
A type of insurance or investment that entitles the investor to a variety of annual payments.
Sentences of ANNUITY
Until 1999, the only option for retirees was an annual, fixed income for life.
If investors want to invest most of their savings fast, they must invest in an annual amount.
Equity will first have to come up with an initial proposal to buy expensive pension insurance, which society can no longer afford.
If they want to save, they can do so and decide to spend money or buy a pension before retirement.
Fixed annuals typically charge an annual administration fee of 30 30.
When they retire, savers can choose a fixed or variable pension.
When you reclaim your tax-free capital, you usually need to make an annual purchase with the remaining funds.
There may be a fixed rate on tax-exempt benefits or a variable product with sub-accounts.
Synonyms of ANNUITY
benefit, contribution, handout, keep, financial support, pocket money, sum of money, maintenance, stipend, annuity, subsistence, consideration, subsidy, remittance, upkeep, grant, pension, expenses