| Annuitant |
 1. A person who receives the benefits of an annuity or pension.
2. The person upon whom a life-insurance contract is based.
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1. In other words, the annuitant is the beneficiary of an annuity or pension.
2. An annuitant can be the contract holder or someone else to whom the title was designated. Proceeds of the contract are given to the beneficiary upon the annuitant's death in order to protect the beneficiary from a loss of income.
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Anything But Ordinary: Calculating The Present And Future Value Of Annuities - Learn to calculate the present and future value of fixed payments required from you or owed to you.
Getting the Whole Story on Variable Annuities - Variable annuities are another way to save money tax-deferred - but don't jump in blindly!
Passing the Buck: The Hidden Costs of Annuities - These may look like good retirement vehicles, but beware of fees buried in the fine print. |
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