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Annuitize
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To commence a series of payments from the capital that has accumulated in an annuity. the payments may be a fixed amount, for a fixed period of time, or for a lifetime.
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Annuity, английский
- A regular periodic payment made by an insurance company to a policyholder for a specified period of time.
- Частная пенсия
- A tax sheltering vehicle. an unsecured contractbetween the company and the annuitant(s) that grows deferred-free and isused to provide for one`s later years. all income taxes are deferred untilmaturing of the annuity. capital gains and income accumulate tax deferred.results in a stream of payments made to the annuitant during his or herlifetime under the annuity agreement. taxes are paid on the income, interestearned and the capital gains but only to the extent as and when they arereceived. currently, there is no annual limit on purchases, but there is notax credit for purchases. an annuity is not an insurance policy.
- Ежегодная рента
Annuitant, английский
- An individual who receives benefits from an annuity.
- Лицо, получающее частную пенсию
- The beneficiary or beneficiaries (in alast-to-die arrangement) of an annuity who receives a stream of paymentspursuant to the terms of the annuity contract.
- Лицо, получающее ежегодную ренту
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