What is annuity?

  • (noun): Income from capital investment paid in a series of regular payments.
    Example: "His retirement fund was set up to be paid as an annuity"
    Synonyms: rente

Some articles on annuity:

Charitable Remainder Unitrust - Income, Gift, and Estate Tax Consequences - WIFO
... The annuity paid from the CRUT is taxable to the person receiving the payment ... The annuity is taxed in the so-called "Worst-In, First-Out" (WIFO)method ... Roughly, the annuity is taxed in the following order of the CRUTs income ordinary income, capital gain, other income, and trust corpus ...
Life Annuity - Annuities By Region - United Kingdom
... Kingdom conversion of pension income into an annuity is compulsory by the age of 75 and has led to a large market for annuities of various types ... where the source of the funds required to buy the annuity is from a pension scheme ... Examples of these types of annuity, often referred to as a Compulsory Purchase Annuity, are conventional annuities, with profit annuities and unit linked, or "third way" annuities ...
Life Annuity - Decision To Defer or Not
... The option to defer purchase of an annuity (income drawdown) has the benefit of investment flexibility, offset by the risk of falling annuity rates as the life expectancy of the surviving ... rates and inflation can affect the decision to purchase, as they are reflected in the annuity rates, and also affect secure investment potential by varying bond yields ... Inflation deteriorates the buying power of an annuity and can therefore be a concern ...
Commuted Cash Value
... Commuted cash value refers to the present value of an annuity after annuitization ... cash value if a commuted cash value is stipulated in an annuity contract, this allows the owner of the annuity to cash the contract in, even after annuitization ...