Sentences with phrase «described as an annuity»
Apple could be described as an annuity business model delivered as hits.
http://fortune.com/ Not exact matches
The scenario I've described pretty much explains how an immediate annuity — or an income or payout annuity as it's sometimes known — works, with some important differences.
The example above might be best described as an indexed annuity with average returns during the last decade.
In addition, 64 % of DB and DC plan participants who took the annuity (vs. 54 % who took the lump sum) described themselves as «risk - averse.»
Rafaloff observes that an individual's risk tolerance appears to impact whether they select a lump sum or annuity, a fact that employers can keep in mind as they attempt to influence behavior in this area: «Perhaps not surprisingly, 46 % of DB and DC plan participants who selected a lump sum and are, therefore, subject to the fluctuations of the stock and bond markets, described themselves as risk - takers, compared to 36 % of those who selected a guaranteed annuity.»
Hartkorn describes it as a selling of the accounts to produce an annuity in retirement, or a percentage of annual billing.
In marketing material describing the annuity, it would refer to the 8.4 % as the payout rate.
LIC Varishtha Pension Bima and Yojana can also be described as a life annuity with return of premium as the entire purchase price is returned to the beneficiaries on demise of the pensioner.