Annuity Certain

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Dictionary Says

Definition of 'Annuity Certain'

A financial instrument that provides a stream of payments, for a predetermined number of years. An annuity certain will continue a stream of payments remitted to the annuitant's beneficiary or estate, if the annuitant dies before the payment term ends. The payments are made on a regular schedule, such as monthly, quarterly, semiannually or annually.
Investopedia Says

Investopedia explains 'Annuity Certain'

In contrast, a life annuity remits a stream of payments to the annuitant for the duration of his or her life, rather than ending on a predetermined date. If the life annuity's guaranteed period has not expired at the time of the annuitant's death, however, the annuity will continue to make payments to the annuitant's beneficiary or estate, until the guaranteed period ends.
Search results for

'Annuity Certain'

  • Series 26 Study Guide - Variable Contracts - Types of Annuity ...

    http://www.investopedia.com/exam-guide/series-26/variable-contracts/annuity-payouts.asp
    This section describes several annuity payout options: life annuity, life annuity
    with period certain, joint life with last survivor and life contingency. ...

  • Series 6 Study Guide - Variable Contracts - Types of Annuity ...

    http://www.investopedia.com/exam-guide/finra-series-6/variable-contracts/types-annuity-payouts.asp
    ... Guide. In this section Payout Phase, Life Annuity, Life Annuity with Period
    Certain, Joint Life with last survivor, life contingency. ...

  • Series 26 Study Guide - Variable Contracts - Annuity Distributions ...

    http://www.investopedia.com/exam-guide/series-26/variable-contracts/annuity-distributions-charges.asp
    ... Often, they will include the following costs: Surrender Charge: If the investor
    withdraws money from a variable annuity within a certain period after a ...

  • Watch Your Back In The Annuity Game

    http://www.investopedia.com/articles/pf/06/annuities.asp
    ... annuity, is a fixed deferred annuity that credits earnings based on the movement
    of an index, such as the S&P 500. It also guarantees a certain minimum return. ...

  • Selecting The Payout On Your Annuity

    http://www.investopedia.com/articles/retirement/05/071105.asp
    ... Period Certain With this option the value of your annuity is paid out over a defined
    period of time of your choosing, such as 10, 15 or 20 years. ...

  • Series 6 Study Guide - Variable Contracts - Variable Annuity ...

    http://www.investopedia.com/exam-guide/finra-series-6/variable-contracts/variable-annuity-charges.asp
    ... Often, they will include the following costs: Surrender Charge: If the investor
    withdraws money from a variable annuity within a certain period after a ...

  • Series 6 Study Guide - Variable Contracts - Annuity Distributions ...

    http://www.investopedia.com/exam-guide/finra-series-6/variable-contracts/annuity-distributions.asp
    ... from an annuity are subject to ordinary income taxes on earnings. A minimum account
    value is usually required to qualify for certain withdrawal options. ...

  • Life Expectancy: It's More Than Just A Number

    http://www.investopedia.com/articles/insurance/09/life-expectancy-insurance-annuity.asp
    ... live. A period-certain annuity may be ideal in some cases, while one with
    survivor options may be more suitable in other cases. If ...

  • Explaining Types Of Fixed Annuities

    http://www.investopedia.com/articles/retirement/05/071205.asp
    ... Further, in the event of failing health and increased medical costs, the income
    of a term certain annuity will not increase to accommodate the annuitant's ...

  • Variable Annuities With Living Benefits: Worth The Fees?

    http://www.investopedia.com/articles/retirement/08/variable-annuity.asp
    Added features can make a variable annuity suitable for certain
    investors. Find out if it could work for you. ...

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