Life Option

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Life Option

A fixed annuity that pays a certain monthly sum for life of the annuitant. Generally speaking, an annuitant buys a life option and makes installment payments for it throughout his/her working life. Following retirement, the annuitant begins to receive the benefit. A life option is designed to provide a stable income for the annuitant in retirement. Risk is split between the annuitant and the company providing the life option: the annuitant benefits financially if he/she lives for a long time after retirement while the company benefits if he/she dies sooner. See also: Income Annuity, Pension, IRA, 401(k).
References in periodicals archive ?
Justin, a worker at the Real Life Options centre, said: "I try to make the display bigger and better each year.
Nicola Jones, then 32, was being cared for at the Real Life Options centre in Bathgate when disaster struck in August 2013.
The decision to participate in the End of Life Option Act is a very personal one between a doctor and their patient, which is why CMA has removed policy that outright objects to physicians aiding terminally ill patients in end of life options," Dr.
The California "End of Life Options Act," otherwise known as SB 128 or "right to die," was pulled from a state hearing July 7, after the hill's lead authors said they need more time to convince colleagues who are struggling with the decision.
Tenders are invited for the contracting authority is seeking to appoint a consultant to carry out special inspections (including psdp & pscs roles) of talbot memorial bridge and butt bridge on the river liffey in dublin which entails detailed visual inspections, structural condition testing, duct and tendon exposures on post tensioning tendons, mathematical modelling to determine repairs and rehabilitation for various service life options and recommending repair and rehabilitation option based on minimum whole life cost principles.
a national software company providing solutions to the mailing industry to streamline data management and the multi-channel communications process, today announced that it will provide end of life options for SAP[R] Postalsoft[R] customers faced with their ACE, DataRightIQ or Match/Consolidate products being end-of-life on March 31, 2015.
Christina went through a long rehabilitation process and is now at Woodridge House in Aston, run by Real Life Options.
The joint symposium will feature the following presentations: "Developments and current status of materials from bio-renewable feedstock and design for end of life options," Ramani Narayan, Michigan State University; "3D rapid prototyping using multi-material resins," Kevin Janson, DASI Solutions; "Improved processing HNBR," Mark Jones, Zeon; "Opportunities for sustainable elastomers in the automotive industry," Cynthia Flanigan, Ford Motor; "Weatherstripping using only TPV materials," Shawn Jyawook, Jyco Sealing Technologies; and "Batteries and materials for automotive/transportation industries," Kai Pelz, Johnson Controls.
seriously debilitating life options in the Horn of Africa," said UNHCR
Phone me now to hear why education can bring new life options.
In all fairness, black youth are also very honest in highlighting their own faulty decision-making, underscoring their own agency in shaping their life options.
When specifically evaluating income for life options, you'll want to ask several questions to determine what is most important to your client.