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Annuitant

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Annuitant
An individual who receives benefits from an annuity.
Annuitant
The beneficiary of an annuity. Depending on the type of annuity, the annuitant may be the person who paid into the annuity, or may be a relative or other designee of that person, such as a widow or widower.
annuitant
The recipient of an annuity.

Annuitant. An annuitant is a person who receives income from an annuity. If you receive a distribution from an annuity that you or your employer buys with your 401(k) assets, you're the annuitant.

Similarly, you're the annuitant if you take distributions from a tax-deferred individual retirement annuity or from an individual annuity you buy with after-tax income.

If your beneficiary receives annuity income after your death, he or she becomes the annuitant. It's also possible to buy an annuity naming someone other than the buyer -- a disabled child, for example -- as annuitant.

Annuitant
A person who receives a pension or an annuity.
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The action alleges that in one-on-one sales meetings with the customers after the seminars, the reps made various representations about the securities, but omitted to disclose, in the context of variable annuities, the material facts that there were early withdrawal fees, the guaranteed preservation of principal was triggered only by the death of an annuitant, and the value could fluctuate and decline until the annuitant's death.
What happens after the free lunch by Frenkel, Jacob / Boomer Market Advisor
Annuitant - could be on a person an annual allowance as well as someone receiving annual income from an investment.
Age and place of birth devalue the 1841 census; AskChris THE MAIL'S ... by Birmingham Mail (England)
The basis of the capital asset becomes the investment in the annuity, which is recovered tax-free evenly over the expected life of the annuitant.
Private annuity defers gain by Reichert, Charles J. / Journal of Accountancy
 
 
 
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