Payout Phase

Filed Under » ,
Dictionary Says

Definition of 'Payout Phase'

The phase in an annuity during which payments are made to the annuitant. These are usually paid on a monthly basis and last for the lifetime of the annuitant. The income received from an annuity by a retired investor is considered taxable income.
Investopedia Says

Investopedia explains 'Payout Phase'

When an annuitant is ready to begin receiving payments from his/her annuity, he/she notifies the insurance company of his/her decision to do so. Actuaries use mathematical models and life expectancy tables to compute payment amounts which will last for the life of the annuitant (the longer you wait, the larger your payments will be). Most annuities have a minimum age at which an annuitant can begin the payout phase without incurring an early withdrawal penalty, and they can also include provisions to continue payments until both the annuitant and his/her spouse are deceased.
Search results for

'Payout Phase'

  • 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). ...

  • Annuities: How To Find The Right One For You

    http://www.investopedia.com/articles/retirement/09/choosing-annuity.asp
    ... the investments in the annuity. The payout phase: During the payout phase,
    you start to receive payments. These payments can be ...

  • 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 7 Study Guide - Packaged Securities - Purchasing Variable ...

    http://www.investopedia.com/exam-guide/series-7/packaged-securities/purchase-variable-annuities.asp
    Investopedia's Series 7 Online Study Guide. In this section charges, payouts
    and the accumulation and payout phase of variable annuities. ...

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

    http://www.investopedia.com/exam-guide/series-26/variable-contracts/annuity-payouts.asp
    ... At the beginning of the payout phase, the investor may receive a lump-sum payment,
    or may choose to receive the payout as a stream of payments at regular ...

  • Introduction To Annuities: Basics of Annuities | Investopedia

    http://www.investopedia.com/university/annuities/annuities1.asp
    ... annuity units for payout. Payout Phase – The final phase of an annuity
    in which payments are made to the investor. This phase can ...

  • Personal Pensions: Repackaging The Annuity

    http://www.investopedia.com/articles/retirement/06/pensionannuities.asp
    ... Instead of entering a payout phase where a specific amount of money is sent to you
    on a regular basis, you can instead choose to withdraw money as needed. ...

  • What Are Deferred Annuities?

    http://www.investopedia.com/video/play/understanding-deferred-annuities
    Sign In• Register• Free Annual Reports • Free Newsletters. Dictionary;
    Investing; Markets; Personal Finance; Active Trading; Forex; ...

  • Series 26 Study Guide - Variable Contracts - Fixed vs. Variable ...

    http://www.investopedia.com/exam-guide/series-26/variable-contracts/fixed-variable-annuities.asp
    ... When the annuitant decides to begin the payout phase, the amount of income he or
    she receives is determined by a combination of the account's value and the ...

  • Series 6 Study Guide - Variable Contracts - Fixed vs. Variable ...

    http://www.investopedia.com/exam-guide/finra-series-6/variable-contracts/fixed-variable-annuities.asp
    ... When the annuitant decides to begin the payout phase, the amount of income he or
    she receives is determined by a combination of the account's value and the ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links