Immediate annuity definition
Immediate annuity means an annuity, not including an annuity from additional contributions, which begins to accrue not later than 30 days after termination of employment.
Immediate annuity means an annuity that is paid under a policy, where the first payment period begins within 12 months after the policy has been entered into;
Immediate annuity means an option where the Annuity starts from the Vesting Date as per the payment mode chosen by You;
More Definitions of Immediate annuity
Immediate annuity means an Annuity Contract that
Immediate annuity. The Investor receives a guaranteed income within one year from the date of a single premium purchase. Income Phase: The period during which you receive payments from your Contract. Investor (also “you” or “participant”): The individual who participates in the Contract through a retirement plan.
Immediate annuity means a contract between an individual and a person authorized to carry on an annuities business in Trinidad and Tobago under which, in consideration of a lumpsum payment made by the individual, the person agrees to pay to the individual
Immediate annuity means an annuity commencing on the last day of the month next following the month during which the benefit is converted into an immediate annuity or during which an immediate annuity is purchased;
Immediate annuity means an annuity where the first annuity payment is due not
Immediate annuity means an annuity that becomes payable to a judge at the time that he or she exercises an option to receive the annuity and that continues to be paid during the life of the judge.
Immediate annuity means an annuity that becomes payable from the first month following the date of exit from the Fund;