annuity

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  • noun

Synonyms for annuity

income from capital investment paid in a series of regular payments

References in periodicals archive ?
By comparison, the person who annuitizes and invests the difference has the entire "difference" to liquidate without at all threatening his lifetime guarantee of $1,000 a month.
Myth 1: This says that people who annuitize (or take lifetime annuities) leave smaller estates.
5) I found that a measure of annuity value, derived from a life-cycle model with mortality uncertainty, is significantly correlated with intentions to annuitize assets in defined contribution plans.
The GMIB guarantees what the minimum amount of monthly income will be, once the policyholder annuitizes the contract.
Using the example above, suppose a 65-year-old male annuitizes his $500,000 annuity over his lifetime.
A dollar-for-dollar withdrawal provision allows clients to take their 5% or 6% annual increase for payments each year and then annuitize their original investment after the 10-year waiting period.