Terms with Tag Annuity

  • Split-Funded Annuity — Definition,
    • Two annuities purchased together, one with a deferred payout and the other with an immediate payout.
  • Straight Life Annuity — Definition,
    • An annuity that stops all payments upon the annuitant's death.
  • Substandard Health Annuity — Definition,
    • An annuity with increased income payments for people with shorter life expectancies due to medical conditions.
  • Supplemental Retirement Annuity (SRA) — Acronym,
    • Surrender Charge — Definition,
      • A charge levied when a life insurance policyholder cancels his or her policy.
    • Surrender Rights — Definition,
      • The contractual right for a life insurance or annuity policyholder to cancel his or her policy.
    • Survival Analysis — Definition,
      • A statistical analysis of how likely someone or something will survive to a set date.
    • Tax Sheltered Annuity (TSA) — Acronym, Important,
      • An arrangement where employees are given the option to make tax-deferred contributions to an annuity set up by their employer.
      ➥ See also Tax Deferred Annuity (TDA).
    • Tax-sheltered — Definition,
      • A savings or investment plan that offers significant tax savings.
    • Total Return Fixed Annuities (TRFA) — Acronym,
      • Variable Annuity (VA) — Acronym,
        • An annuity where the payments received by the annuitant in the income phase of the annuity vary depending on how well the insurer's investment portfolio has performed.
      • Variable Annuity Guaranteed Living Benefits (VAGLB) — Acronym,
        • Variable Payment Life Annuity (VPLA) — Acronym, British Columbia, Canada,
          • Voluntary Tax-Sheltered Annuity (VTSA) — Acronym, United States,
              ➥ A US taxation term.
            • Wraparound Annuity — Definition,
              • An annuity that allows the annuitant to control how funds in the annuity are invested.
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