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- nounannuity (noun) · annuities (plural noun)Originlate Middle English: from French annuité, from medieval Latin annuitas, from Latin annuus ‘yearly’, from annus ‘year’.
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- An annuity is a contract between an investor and an insurance company123. The investor makes a lump-sum payment or series of payments, and in return, receives regular disbursements, beginning either immediately or at some point in the future23. The term "annuity" refers to an insurance contract issued and distributed by financial institutions with the intention of paying out invested funds in a fixed income stream in the future1. The payments may come either as one lump-sum payment or as a series of payments over time3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The term "annuity" refers to an insurance contract issued and distributed by financial institutions with the intention of paying out invested funds in a fixed income stream in the future. Investors invest in or purchase annuities with monthly premiums or lump-sum payments.www.investopedia.com/terms/a/annuity.aspAn annuity is a contract between you and an insurance company in which you make a lump-sum payment or series of payments and, in return, receive regular disbursements, beginning either immediately or at some point in the future.www.investopedia.com/ask/answers/12/what-is-an …An annuity is a contract between you and an insurance company that requires the insurer to make payments to you, either immediately or in the future. You buy an annuity by making either a single payment or a series of payments. Similarly, your payout may come either as one lump-sum payment or as a series of payments over time.www.investor.gov/introduction-investing/investing-b…
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WEBApr 16, 2024 · At its most basic level, an annuity is a contract between you and an insurance company that shifts a portion of risk away from you and onto the company. There are 2 basic types of annuities: Income …
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WEBDec 14, 2022 · An annuity is an insurance contract that exchanges present contributions for future income payments. Sold by financial services companies, annuities can help reinforce your plan for...
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WEBDec 21, 2022 · An annuity is a financial contract that provides a stream of payments later in return for an investment now. Annuities may be in retirement, estate or tax plans.
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WEBApr 28, 2022 · An annuity is a contract between the contract holder—the annuitant —and an insurance company. In return for your contributions, the insurer promises to pay you a certain amount of...
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WEBMay 15, 2024 · An annuity is a customizable contract issued by an insurance company that converts an investor’s premiums into a guaranteed, fixed-income stream. More specifically, an annuity contract is a legally …
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WEBJun 7, 2023 · An annuity is a contract between you and a financial services company. These products are generally used to supply a reliable stream of income during retirement to supplement...
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