Annuitization

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Dictionary Says

Definition of 'Annuitization'

The process of converting an annuity investment into a series of periodic income payments. Annuities may be annuitized regularly, over a long or short time period, or in some cases, in one single payment.
Investopedia Says

Investopedia explains 'Annuitization'

After an annuity has been through the process of annuitization, the investment is said to have been annuitized. Annuitized investments are not necessarily paid out completely to the beneficiaries. Depending on the terms of the annuity policy, some of the money could go to the person's estate, to a trust or to the insurance company, for example.
Search results for

'Annuitization'

  • Substantially Equal Periodic Payment (SEPP): Learn The Rules

    http://www.investopedia.com/articles/retirement/02/112602.asp
    ... For the amortization and annuitization methods, he will use an interest
    rate of 3.98%. ... Annuitization method: $25,227.04 per year. ...

  • Selecting The Payout On Your Annuity

    http://www.investopedia.com/articles/retirement/05/071105.asp
    ... Phases of an Annuity The two phases in the life of an annuity are the accumulation
    phase and the annuitization phase (or payout phase). ...

  • Personal Pensions: Repackaging The Annuity

    http://www.investopedia.com/articles/retirement/06/pensionannuities.asp
    ... Advertisement - Article continues below. Tax Benefits Annuities have two
    phases, the accumulation phase and the annuitization phase. ...

  • Introduction To Annuities: Basics of Annuities | Investopedia

    http://www.investopedia.com/university/annuities/annuities1.asp
    ... The Phases of an Annuity Contract The life of a modern annuity contract consists
    of three separate phases: accumulation, annuitization and payout. ...

  • Variable Annuity Benefits: What The Fine Print Won't Tell You

    http://www.investopedia.com/articles/retirement/07/annuity-benefits-fine-print.asp
    ... Most importantly, for the GMIB to pay off, it should guarantee more periodic income
    than can be obtained (at the time of annuitization) from a comparable ...

  • Explaining Types Of Fixed Annuities

    http://www.investopedia.com/articles/retirement/05/071205.asp
    ... of the annuity. During the annuitization phase, the money invested less
    payouts will continue to grow at this fixed rate. In some ...

  • Series 26 Study Guide - Variable Contracts - Types and Valuation ...

    http://www.investopedia.com/exam-guide/series-26/variable-contracts/types-variable-annuities.asp
    Investopedia's Series 26 online Study Guide. This section discusses immidiate and
    deferred annuities, and the accumulation and annuitization phases. ...

  • Series 6 Study Guide - Variable Contracts - Valuation of Variable ...

    http://www.investopedia.com/exam-guide/finra-series-6/variable-contracts/valuation-variable-annuities.asp
    Investopedia's Series 6 Online Study Guide. This section discusses the Accumulation
    Phase and Annuitization Phase in the valuation of Variable Annuities. ...

  • Vary Your Options With Variable Annuities And Insurance

    http://www.investopedia.com/articles/pf/08/variable-insurance.asp
    ... Payout options tended to be irrevocable; once annuitization began, the contract
    owner was often locked into that payment schedule for life. ...

  • The Cost Of Variable Annuity Guarantees

    http://www.investopedia.com/articles/pf/06/variableannuity.asp
    ... see Selecting The Payout On Your Annuity.). For example, an annuity company's GMIB
    might guarantee that if the contract owner chooses annuitization, the income ...

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