annuity beneficiary
31reversionary annuity — Insurance. an annuity payable to a beneficiary during the period of time he or she survives the insured. * * * …
32Straight Life Annuity — An insurance product that makes periodic payments to the annuitant until his or her death, at which point the payments stop completely. These products do not allow annuitants to designate a beneficiary. Straight life annuities may be bought over… …
33joint-life annuity — / dʒɔɪnt laɪf əˌnjuəti/ noun an annuity which continues to pay an amount to a spouse after the main beneficiary dies …
34refund annuity — An annuity under a contract which provides that upon the death of the annuitant prior to receiving the entire principal in periodical annuities, the balance remaining shall be paid to the estate of the annuitant or designated beneficiary. 4 Am… …
35cash refund annuity — noun : a refund annuity payable in cash to a beneficiary upon the annuitant s death …
36charitable remainder annuity trust — A trust which must pay the noncharitable income beneficiary or beneficiaries a sum certain annually, or more frequently, if desired, which is not less than 5% of the initial net fair market value of all property placed in the trust as finally… …
37charitable remainder annuity trust — A trust which must pay the noncharitable income beneficiary or beneficiaries a sum certain annually, or more frequently, if desired, which is not less than 5% of the initial net fair market value of all property placed in the trust as finally… …
38Charitable remainder unitrust — Part of a series on Taxation Taxation in the United States …
39United States trust law — Introduction Most law regulating the creation and administration of trusts in the United States is now statutory at the state level. In August 2004, the National Conference of Commissioners on Uniform State Laws created the first attempt to… …
40Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …
