What is The Definition of Enhanced Annuity?
A type of pension that can result in higher retirement income if your life expectancy is lower due to your lifestyle (for example, if you smoke) or your medical history. For this type of pension, pension providers will usually ask you to complete a medical questionnaire and report it to your doctor. (Also known as accident pension).
Literal Meanings of Enhanced Annuity
Meanings of Enhanced:
To increase, enhance, or further enhance quality, value, or scope.
Sentences of Enhanced
Rejection does not improve your reputation
Synonyms of Enhanced
boost, inflate, strengthen, lift, increase, supplement, escalate, amplify, magnify, upgrade, augment, intensify, elevate, build up, swell, add to, aggrandize, raise, exalt
Meanings of Annuity:
Usually for a lifetime, someone is paid a certain amount every year.
Insurance or a form of investment that gives investors the right to a different annual amount.
Sentences of Annuity
Until 1999, the only option for retirees was an annual, a fixed annual for life.
Previously, investors were forced to invest their money annually if they wanted to reinvest most of their savings.
Equally, she is expected to make an initial proposal to buy expensive pension guarantees first, which the company can no longer afford.
If they want to save, they can do so and decide whether to spend money or buy a pension as they approach retirement.
Generally, the default payments are around Rs. 30 / - per annum.
Upon retirement, savers can choose a fixed or variable pension.
When you get your tax-free capital tax refund, you usually need to make an annual purchase with the rest of your funds.
Deferred tax pension can be in the form of a fixed rate or in the form of a variable product with subcards.
The claimant often converts the salary into a pump, but this will ignore the reduction in health, for example.
The pension in which retirees buy an income together can also vary.
Synonyms of Annuity
stipend, financial support, consideration, annuity, benefit, expenses, sum of money, handout, contribution, grant, upkeep, keep, pocket money, pension, subsidy, maintenance, subsistence, remittance