Investor Glossary-life annuityInvestor Glossary-life annuityInvestor Glossary-life annuityInvestor Glossary-life annuityInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Life Annuity

The HTML to link to this page
 

A life annuity is an annuity that pays out periodic income for as long as the annuitant (the beneficiary of the life annuity) is alive. A life annuity is sold by an insurance company; its payout is in the form of a predetermined amount that lasts until the death of the annuitant. A life annuity may be purchased all at once, or it may be bought over time, usually while the annuitant is working. The life annuity is generally used as a form of retirement income, received periodically (usually once a month). Upon death, payments from the life annuity cease. A life annuity can exist in a large variety of forms, and is generally sheltered from income tax until retirement.



Rate this life annuity definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: quality assurance, minority interest, command economy, Zero Cost Collar, APR, annual return, Key Rate Duration, average price per share, ex-dividend date, phantom income, risk management, in escrow, EBITDA, diluted share, option premium, cancelled check, covered put, required rate of return, labor relations, VIX, balance sheet, current ratio, LIBOR, real GDP, 401a, debt service coverage, 1031 exchange, margin rate, 144a, liquidity ratio, class C shares, wholly-owned subsidiary, deferred tax, irrevocable trust, 1035 exchange, stock market close, deferred revenue, implied volatility, reverse mortgage, retained earnings, dividends payable, inflation, stock split, open position, limit order, ex-dividend, FICO score, FTSE, per diem


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use