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  • noun

Synonyms for annuity

income from capital investment paid in a series of regular payments

References in periodicals archive ?
A heavily promoted, but controversial technique for income and estate tax planning has been the so-called "private annuity trust.
Gross income includes any amount received as an annuity under an annuity contract [IRC Sec.
The downside to this is that the amount invested in the annuity declines when the stock market declines.
The estate used that amount on its return; however, the IRS determined, based on the annuity valuation tables, that the value of the remaining payments was $1,091,553.
ii) Any other person only when the person sells, solicits, advertises, or offers an insurance product or annuity to a consumer at an office of the bank or on behalf of a bank.
deferred: An immediate annuity provides payment of benefits immediately on funding.
In June 2002, Bracey, 52, purchased The Best of America variable annuity from Nationwide Insurance Co.
However, because Medicaid requires full disclosure of certain recent gifts, and because other problems can occur (for example, gift tax), many clients may be better off creating a private annuity to shed excess wealth.
If he can't explain a variable annuity to someone before the end of the ride, he's not doing a good job.
A grantor retained annuity trust (GRAT) is an irrevocable trust to which a grantor transfers property in exchange for the right to receive a fixed annuity for either a set number of years or for life.
But whether an annuity is right for you depends on your investment goals and your age.