annuity table

Annuity Table, 1949

A mortality table of the likelihood a person of a certain age will die in the next year, taking into account the fact that people were living longer than they were when the Standard Annuity Table was published in 1937. It was used in determining one's eligibility for some insurance and annuity plans. It has since been replaced.

annuity table

a table that shows the effect of compound interest on an annually invested sum. Specifically, the table shows what the investment of the same amount of money on an annual basis at a fixed rate of interest for a certain number of years will accumulate to. For example, if £250 is invested at 10% at the end of each of the next 6 years, using the annuity table (which shows a figure of 7.716), it would accumulate to £250 x 7.716 = £1,929.
References in periodicals archive ?
Vinson & Elkins chose #1 above, and the actuary used a 1958 life insurance mortality table to compute the insurance premiums, but used a 1971 annuity table, which estimated longer lives than the 1958 table, to calculate pension costs.
Refer to the annuity table on pages 527-528, which covers the insured, P, from age 38 through 94.
Because the annuity payments will typically be determined based on the FMV of the stock, the possibility of a taxable gift is remote if the correct annuity table and interest rate are used.
The SOA published an updated payout annuity table in 2012 called the 2012 Individual Annuity Mortality Table, or IAM Table for short.
Specifically, DU changed its health mortality table from the 1971 to the 1983 Group Annuity Table.
Intuitively, by using an outdated annuity table, CCRA is inadvertently enhancing the after-tax payoff of the annuity.
The resulting number is a present value multiplier found on the annuity table.
Over the long term, it is the larger companies that will be more affected by the new annuity table because they, rather than smaller companies, are spending time and effort on the payout business.
Table 4 Values per Premium Dollar of Annuity Policies in Canada, 1984-1996 Government of Government of Corporate Term Canada Canada Term Structure 30-Year Bond Structure Annuity Table Male Average 0.
It would be interesting to fit data using a parametric copula and standard insurance industry tables, such as the 1983 Individual Annuity Table.
A two-life annuity table makes the value of the gift ascertainable.
The court rejected the estate's arguments that the annuity table value was unrealistic and unreasonable because it did not take into account the unsecured nature of the payment obligation, the lack of a corpus to draw on or the estate's inability to assign, sell or transfer the interest.