Terms with Tag Annuity

  • Lifetime Annuity Payout (LAP)Acronym,
    • Lump Sum Payment Definition,
      • One-time single-sum payment or payout.
      • An extra payment made to reduce a loan.
    • Market Value Adjusted Annuity (MVAA)Acronym,
      • Maturity Guarantee Definition,
        • A guarantee that after a certain date a contract, such as a life insurance policy or annuity, will have a minimum dollar value.
      • Maximum Exclusion Allowance (MEA)Acronym, United States,
          A US term.
        • Mortality and Expense Risk Charge Definition,
          • A charge sometimes applied to reimburse an insurer for the risks in a policy.
        • Multi-Strategy Fixed Annuity (MSFA)Acronym,
          • Multi-Year Guaranteed Annuity (MYGA)Acronym,
            • No-Load Annuity Definition,
              • An annuity that pays the salesperson no commission and has low fees and expenses. A no-load annuity is often sold by an insurer directly.
            • Old Age Security (OAS) Acronym, Important,
              • A Canadian pension plan for eligible Canadians over the age of 65.
            • Ordinary Annuity (OA)Acronym,
              • Participation Rate Definition,
                • The rate at which changes in a stock index affect the profit credited to an annuity.
              • Payout Phase Definition,
                • The phase of a deferred annuity where the annuity begins to make payments to the annuitant.
              • Present Value Interest Factor of Annuity (PVIFA) Acronym,
                • A method used to find an annuity's present value.
              • Present Value Multiple (PVM)Acronym,
                • Present Value Multiple Annuity (PVMA)Acronym,
                  • Present Value of an Annuity (PVA)Acronym,
                    • Present Value of an Annuity Factor (PVAF)Acronym,
                      • Present Value of an Ordinary Annuity (PVOA)Acronym,
                        • Private Annuity Definition,
                          • An arrangement where one party agrees to transfer ownership of an asset to another party (usually a beneficiary) in exchange for lifetime payments.
                        • Product Profile for Annuities (PPfA)Abbreviation,
                            Standard XML format for annuity product data.
                          • Prudential Retirement Insurance and Annuity Company (PRIAC) Company,
                            • Purchased Life Annuity (PLA)Acronym,
                              • Qualified Joint and Survivor Annuity (QJSA)Acronym,
                                • Qualified Pre-retirement Survivor Annuity (QPSA)Acronym, United States,
                                  • A death benefit where the spouse or beneficiary of a deceased employee receives annuity payments as compensation that would have otherwise been paid out during retirement.
                                  A US pension term.
                                • Qualified Pre-Survivor Annuity (QPSA)Acronym,
                                    Death benefit.
                                  • Reverse Annuity Mortgage (RAM)Acronym, Important,
                                    • Single Premium Deferred Annuity (SPDA) Acronym,
                                      • A deferred annuity funded with a single payment.
                                    • Single Premium Immediate Annuity (SPIA)Acronym, Important,
                                      • Single Premium Variable Annuity (SPVA)Acronym,
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