Annuity Table

Definition

  • A table used to estimate the value of an annuity at a specific date in the future. For example, one could use an annuity table to calculate the value of an annuity if an individual were to pay $15,000 a year for 10 years with an estimated 4.5% rate of return.

Synonyms
annuitization table, annuity chart, annuity legend

Related Terms and Acronyms

  • Annual Crediting Cap Definition,
    • The highest rate that can be credited to an equity-indexed annuity in a year.
  • Annuity Definition,
    • A regular periodic payment made by an insurance company to a policyholder for a specified period of time.
    • A financial instrument that disperses a number of payments over a set period of time.
  • Certified Annuity Specialist (CAS) Acronym, Important,
    • A professional who is certified to provide investment advice about annuities to clients.
  • Commissioners' Reserve Valuation Method Definition,
    • A method used to determine the minimum statutory reserves for annuities and insurance products.
  • Future Value of an Annuity (FVA) Acronym,
    • The value of an annuity at some future date.
  • Hybrid Annuity Definition,
    • An annuity with both fixed and variable annuity elements.
  • Life Expectancy Method Definition,
    • A method of calculating the appropriate size of payments in an annuity's income phase by estimating the annuitant's life expectancy.
  • Present Value Interest Factor of Annuity (PVIFA) Acronym,
    • A method used to find an annuity's present value.
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