Purchased Life Annuity

Purchased Life Annuity,

How Do You Define Purchased Life Annuity?

  1. Purchased Life Annuity can be defined as, Annuals that guarantee a fixed income on a one-time basis, but are not purchased directly with retirement money.

  2. It is a type of pension that is earned once from personal savings or investments. A portion of the annual interest is considered to be paid to the principal and is taxable. The rest is considered a return to capital and is therefore not taxed. Pension rates vary for earned years and old age pensions.

Literal Meanings of Purchased Life Annuity

Purchased:

Meanings of Purchased:
  1. Pull with a pulley or lever (rope, cable or anchor).

  2. Strong contact or tightness.

Sentences of Purchased
  1. The horse's hooves struggle to prevent slippage

Synonyms of Purchased

snap up, firm contact, put money into, fingerhold, invest in, anchorage, toehold, obtain, shop for, procure, attachment, pay for, secure, grasp, footing, grip, pick up, acquire, hold, come by, foothold

Life:

Meanings of Life:
  1. A state that distinguishes animals and plants from non-essential substances, including the potential for growth, reproduction, active activity, and permanent change before death.

  2. The presence of humans or animals.

  3. The period between the birth and death of a living person, especially a person.

  4. Significance, power or energy.

  5. (In art) representing an article based on the original model and not the artist's imagination.

Sentences of Life
  1. The essence of life

  2. The catastrophe killed 266 Americans

  3. He spent his whole life in this country

  4. She is beautiful and full of life

  5. Pose and clothes inspired by life

Synonyms of Life

verve, go, person, spiritedness, being, allotted span, one's time, lifetime, brio, enthusiasm, vigour, animateness, elan, exuberance, individual, dynamism, high spirits, dash, aliveness, activity, vitality, gusto, buoyancy, one's career, sparkle, liveliness, mortal

Annuity:

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. Until 1999, the only option for retirees was an annual, fixed income for life.

  2. If investors want to invest most of their savings faster, they must invest in an annual amount.

  3. Equity will first have to come up with an initial proposal to buy expensive pension insurance, which people can no longer afford.

  4. If they want to save, they can do so and, before retirement, decide whether to spend their retirement money or make a purchase.

  5. Fixed annual administration fees typically receive ڈالر 30 per year.

  6. When they retire, savers can choose a fixed or variable pension.

Synonyms of Annuity

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

Purchased Life Annuity,

Definition of Purchased Life Annuity:

An annual that guarantees a fixed income on a one-time basis, but is not purchased directly with retirement money.

Purchased Life Annuity definition is: It is a type of pension that is once earned from personal savings or investments. Part of the pension is considered interest paid to the principal and is taxed. The rest is considered a return on investment and is therefore not taxed. Pension rates vary for purchased annual and old age pensions.

Literal Meanings of Purchased Life Annuity

Purchased:

Meanings of Purchased:
  1. A lifting device (rope, rope or anchor) with a pulley or lever.

Sentences of Purchased
  1. Mr. Gill saw the prescription at a local auction and bought it for 15 500,500.

Synonyms of Purchased

score, get hold of, buy, get one's mitts on, take, get one's hands on

Life:

Meanings of Life:
  1. Conditions that distinguish animals and plants from inorganic matter, including growth, reproduction, active activity, and permanent changes before death.

  2. The period between the birth and death of living things, especially humans.

  3. Strength, power or energy.

  4. (In art) the subject is represented according to a real model and not according to the imagination of an artist.

Sentences of Life
  1. The disaster killed 266 people.

  2. Pose and clothes that are influenced by life.

Synonyms of Life

moving force, viability, heart, colour, esse, survival, vivacity, élan vital, existence, threescore years and ten, quintessence, movement, substance, entity, lifeblood, pep, drive, living, bounce, energy, course of life, creation, soul

Annuity:

Meanings of Annuity:
  1. Money given to someone every year, usually for life.

Sentences of Annuity
  1. Excluding a £ 1000 pension of your choice.

Purchased Life Annuity,

Purchased Life Annuity means,

  1. Annuals that guarantee a fixed income on a one-time basis, but are not purchased directly from retirement funds.

  2. Purchased Life Annuity refers to It is a type of pension that is once obtained from personal savings or investments. Part of the pension is considered interest paid to the principal and is taxed. The rest is considered a return on investment and is therefore not taxed. Pension rates vary for purchased annual and old age pensions.

Literal Meanings of Purchased Life Annuity

Life:

Meanings of Life:
  1. Vitality, strength or energy.

  2. The representation of an article (in art) is based on a real model and not on the artist's imagination.

Sentences of Life
  1. Disaster in which 266 people were killed.

  2. He has spent his whole life in this country.

  3. Life-inspired poses and clothes

Synonyms of Life

moving spirit, fire, zip, vital spirit, pizzazz, business, this mortal coil, one's born days, life span, vim, push, zing, effervescence, bustle, days, life force, oomph, strength, stir, creature

Annuity:

Meanings of Annuity:
  1. A fixed amount that is paid to someone each year, usually for the rest of their lives.

Sentences of Annuity
  1. You are leaving a £ 1000 pension in your will.