Deferred annuity meaning
Deferred Annuity Definition
Variable annuity contract is defined in §50.1(a)(4) of Regulation No 47 as “a separate account annuity contract which includes provision for deferred or immediate annuity payments the amount of which, …
[DOC File]THE TRUTH ABOUT EQUITY INDEX ANNUITIES
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8.6.2.3 Present Value of Deferred Annuity. Present value of deferred annuity is the discounted value of a series of future rents on a date that is more than one period before the date that the first rent is …
Life Insurers: Individual Fixed and/or Variable Deferred ...
(1) Definition. A flexible payment deferred annuity is defined as a contract which provides for the payment of a guaranteed or variable annuity, or both, with the amount of the annuity determined not at date of issue but at the annuity commencement date and by the value at that time of the total payments made.
[DOC File]Title 20--DEPARTMENT OF
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Deferred vs. Immediate - A Deferred Annuity offers tax-deferred growth on a parcel of money, usually for a stated minimum time before income may be generated; a “waiting period.” An Immediate Annuity …
[DOC File]CHAPTER 8: ACCOUNTING AND THE TIME VALUE OF MONEY
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a.A deferred annuity provides for the accumulation of funds to be applied at some future period designated by the policyholder. Premium payments can be made in a lump sum amount (single premium deferred annuity), or periodically (flexible or fixed premium deferred annuity) as allowed by the policy contract. ... (Meaning…
[DOC File]Group Fixed and/or Variable Deferred Annuity Contracts ...
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Oct 06, 2020 · A variable annuity may provide that, at the time the annuity becomes payable, the insurer may, at its option, in lieu of commencing annuity payments, cancel the annuity and pay the contract …
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