Annuitization options

Annuitization options are the choices in the way to annuitize.

For example, life with a 10-year period certain means payouts will last a lifetime, but should the annuitant die during the first 10 years, the payments will continue to beneficiaries through the 10th year. Selection of such an option reduces the amount of the periodic payment.

Nearby pages
Annuity, Annular, Annular Eclipse, Annulate, Annulet in Architecture, Annulet in Heraldry