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Retirement Annuity
(redirected from Retirement Annuities)

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Retirement Annuity
An annuity one purchases to provide for oneself in retirement. In general, one purchases a retirement annuity well before retirement and makes contributions to it throughout one's working life. The contributions are invested on behalf of the annuitant, who begins to receive payments from the annuity after retirement. Many retirement annuities (especially those sponsored by an employer) are tax-deferred, meaning that the annuitant does not pay taxes on the funds in the pension until he/she begins making withdrawals. Annuities may have defined contributions, defined benefits, or both. See also: 401(k), IRA.
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The other form of retirement annuities are life annuity guaranteed for 5, 10, and 15 years and life thereafter and life annuity with return of purchase price.
Retirement Annuity - A Guarantor for Life by Blan Gould / Banking, finance and accounting community
Normally, retirement annuities have sufficient backing from the government and they are subject to strict laws and scrutiny by the governmental agencies.
Annuity for Retired Persons by Brian Sibet / Government community
Horace Mann -- the largest national multiline insurance company focusing on educators' financial needs -- provides auto and homeowners insurance, retirement annuities, life insurance and other financial solutions.
Horace Mann Educators Corporation Reports Regular Quarterly Dividend by PR Newswire
 
 
 
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