Period-Certain Annuity

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Period-certain annuity

An annuity that provides guaranteed payments to an annuitant for a specified period of time.

An annuity in which the annuitant selects a certain number of years during which he/she will receive payments. For example, an annuitant may elect to receive annuity payment each month for 20 years. This allows the annuitant higher payments each month, but it is nevertheless less common than life annuities, which provide payments for the remainder of the annuitant's life. Using period-certain annuities as retirement packages may appeal to persons who do not expect to live the full term of the annuity and/or persons who have another source of income (such as another annuity) in retirement.

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Annuity Certain			The product in this case is a period-certain annuity that provides steadily increasing income from the day of retirement to the day that Social Security payments start to arrive. Patents pending: insurers no longer enjoy open season on the product ... by Bowers, Barbara / Best's Review But when you're all done, you've created your own period-certain annuity, and then what happens if you're still alive when the period runs out? Redefining the Life Business by Panko, Ron / Best's Review			Perfectly Competitive Financial Markets performance Performance Accelerated Restricted Stock Award Plan Performance Accelerated Restricted Stock Award Plans Performance Attribution Analysis Performance Audit performance bond Performance Drag Performance Equity-Linked Redemption Quarterly-Pay SecuritiesSM Performance Evaluation Performance Fee Performance Fund Performance Index Performance Index Paper Performance Indexed Reward Performance Measurement Performance shares Performance Stock performing loan performing nonperforming loan Perimento Period de gracia Period of Call Protection Period of Digestion period of redemption Period-Certain Annuity Periode d'amortissement Periode de grace Periode de recouvrement Periode de remboursement Periodic Call Auction periodic cash flow periodic estate Periodic interest rate Periodic Payment Plan Periodic Payments Periodic Purchase Deferred Contract Periodic Rate periodic tenancy Periodo bese Periodo de base Periodo de espera Periodo de gracia Periodo de tenencia Periodo di tregua salariale Periodo entre balancos Perjury perk test perks PERLS Permanent and Total Disability			Period of the Three Kingdoms Period of the Warring States period of time period of time period of time period of time period of tolerance period of trial period of vibration Period of Warring States Period Order Quantity Period pain Period pain Period pain Period pains Period pains Period pains period parallelogram Period Parity Progression Ratio period piece period pieces Period prevalence Period prevalence Period prevalence Period prevalence Period Revival Period Schedule Performance Index Period to Date period, latent Period-Certain Annuities Period-Certain Annuity Period-Doubling Analysis period-luminosity relation Period-luminosity relationship Period-luminosity relationship Period-Luminosity-Color Relation Periodate Periodate Periodate Lysine Paraformaldehyde Periodate-Lysine-Paraformaldehyde-Dichromate Periodate-Lysine-Paraformaldehyde-Glutaraldehyde periodates periodates Periode d'amortissement Periode de grace Période de Questions Dirigées Periode de recouvrement Periode de remboursement Periodensystem Periodensystem der Elemente periodic periodic periodic periodic Periodic abstinence Periodic abstinence Periodic abstinence Periodic abstinence periodic acid periodic acid periodic acid

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