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annuitant

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Annuitant
1. A person who receives the benefits of an annuity or pension.

2. The person upon whom a life-insurance contract is based.

Notes:
1. In other words, the annuitant is the beneficiary of an annuity or pension.

2. An annuitant can be the contract holder or someone else to whom the title was designated. Proceeds of the contract are given to the beneficiary upon the annuitant's death in order to protect the beneficiary from a loss of income.

Annuitant
An individual who receives benefits from an annuity.
annuitant
The recipient of an annuity.
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The reason is that an insurer pools the single premium an annuitant pays with those of others.
Fencing in the risk: medically underwritten immediate annuities are ... by Panko, Ron / Best's Review
Sample Gift Annuity for a 70-year old Age of Annuitant 70 Amount Donated-Cash $10,000.
The charitable gift annuity for the rest of your life by American Music Teacher
Because the date of first eligibility in the CSRS file is not highly accurate, we required that it not be later than the earliest date the annuitant both completed 36 years of service and reached age 55; both 20 years of service and age 60; and both 5 years of service and age 62.
Interaction with Social Security of 1996 Civil Service Retirement ... by Kestenbaum, Bert / Social Security Bulletin
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