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lifetime annuity is a type of financial product that provides a guaranteed income for the rest of a person's life. It is like a long-term payment plan that ensures you receive money regularly until you pass away.
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«lifetime»
«annuity»
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Sentences with «lifetime annuity»
- By eliminating her premium payments and by purchasing a fixed lifetime annuity with the proceeds from her Life Settlement, she was able to make ends meet, with some additional funds for travel. (newretirement.com)
- I keep hearing conflicting answers as to whether I should take my pension as a lump sum or monthly lifetime annuity payments. (realdealretirement.com)
- Most lifetime annuity calculators should be able to estimate your longevity annuity income. (newretirement.com)
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