annuity annuity  /ə ˈnu ə ti/

Definition(s):

  • (n) income from capital investment paid in a series of regular payments

Usage(s):

  1. Why you may need an immediate-fixed annuity when you retire.
  2. THE insurance industry is embroiled this week in a first-class row over the variable annuity, the newest gadget in financial security.
  3. Some 62,000 First Capital annuity holders in 49 states know exactly what he means.

News

  1. Use Portion Control with Annuities

    Assuming that an annuity is appropriate for you (more on that in a bit), the first question you should ask yourself is: How much should I allocate to any one, specific annuity?
    on June 11, 2013     Source: GoldSeek.com

  2. “Most Interesting Annuity Man In The World” Video By Retirement Income Network Goes Viral

    The most recent retirement video put out by RIN Marketing titled, “Most Interesting Annuity Man in the World” hit YouTube with a wave of fanfare, laughter, likes, and shares this week. (PRWeb June 11, 2013) Read the full story at http://www.prweb.com/releases/annuity/video/prweb10819210.htm
    on June 11, 2013     Source: PRWeb

  3. Avoid paying penalty to get out of annuity

    DEAR BRUCE: Several years ago, our banker got us into an annuity for approximately $25,000. We are both in our 70s. We are taking the minimal distributions.
    on June 9, 2013     Source: Mankato Free Press

Quotes

  1. "They have (World Bank) for the first time informed me that they will be willing to fund the viability gap funding and also fund 50 per cent of our annuity projects," Transport Minister Kamal Nath told the Indian media here after concluding his...
    on Sep 17, 2009 By: Kamal Nath Source: Press Trust of India

  2. Charles Prince, Chief Executive Officer of Citigroup, said, "Travelers Life & Annuity has a long and successful history of providing world-class products and services to its global customer base. This transaction joins Travelers Life & Annuity with...
    on Jan 31, 2005 By: Charles Prince Source: Business Wire (press release)

  3. "In my previous life as the elected insurance commissioner of the state of Florida," Nelson said, "I want you to know I never heard of any other purchased insurance annuity program that [refuses] to pay the insured benefits that the insured...
    on Sep 12, 2008 By: Bill Nelson Source: Stars and Stripes

Word of the Day
pivotal pivotal
/ˈpɪ və təl /