Level Annuity: What is the Meaning of Level Annuity?
A type of pension that provides you with a steady income from the beginning of retirement until the end of your retirement period or until your death.
Literal Meanings of Level Annuity
Meanings of Level:
Provides a smooth, even surface.
Do something (especially sports scores) the same or similar.
Find the difference in height of (the earth).
A plane or line that is horizontal in relation to the distance above or below a particular point.
Position on a real or imaginary scale of quantity, quantity, level or quality.
(In video games) A series of increasing difficulty levels that a player can advance by completing a level.
Contamination consists of air bubbles, partially filled with alcohol or other liquids, in a sealed glass tube, the position of which indicates whether the surface is flat or vertical.
Sentences of Level
The contractor began leveling the floor of the new plant
He turned his shotgun on himself when apprehended by a police officer on the porch of the house where the shootings took place
I also used to accurately measure the level of the soul!
We have reached the flat ground
His eyes are on the same level
The car braked quickly, then quickly backed up until it was in my hand
He said in his calm voice.
Synonyms of Level
aligned, on the same level as, make level, balanced, make uniform, flush, volume, even, unchanging, make even, on a level, zero in on, make equal, make flat, regularize, aim, smooth out, equal, level out, unvarying, level off, flat
Meanings of Annuity:
A type of insurance or investment that entitles the investor to a variety of annual sums.
Sentences of Annuity
Until 1999, the only option for retirees was retirement, a fixed income for life.
If investors want to invest most of their savings fast, they must invest in an annual amount.
It is expected that Equity will first come up with a proposal for expensive pension insurance, which the company can no longer afford.
If they want to save, they can do so and, before retirement, decide whether to spend money or buy a pension.
After retirement, savers can choose a pension with a fixed or variable interest rate.
When you get your tax-free capital tax refund, 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.
Beneficiaries can often convert an annual amount into an annual amount, but they will ignore the reduction in health, for example.
Synonyms of Annuity
financial support, pocket money, upkeep, expenses, maintenance, grant, annuity, contribution, handout, subsidy, sum of money, pension, benefit, stipend, subsistence, consideration, remittance, keep