Sentences with phrase «remaining value of the annuity»

This is typically the remaining value of the annuity or the sum of your premiums minus any withdrawals.

Not exact matches

Any remaining money in the cash value account of the annuity is usually paid to your beneficiaries, which can include your children, other family members, your church, or charities.

Each year, one should spend (at most) the amount that a freshly purchased annuity — with a purchase price equal to the then - current portfolio value and priced at current interest rates and number of years of required cash flows remaining — would pay...

He / she can take 1 / 3rd of the tax - free Fund Value and purchase an annuity with the remaining 2 / 3rd either from IndiaFirst Life Insurance or from any other life insurance company

For Pension Plans or Retirement Plans, the vesting date is the Maturity date on which the policy holder can take 1/3 of the Maturity value as a cash lump sum and remaining should be used for purchasing Annuities / policyholder can also use 100 % of maturity value for purchasing Annuities.

The remaining two - third of the maturity value should be used to purchase annuity plans as per latest rules of Insurance regulator, IRDA.