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 ?
The annuity table shows that independent financial planners handle about 38% of Brighthouse variable annuity sales and 62% of indexed annuity sales.
To compute the annuity exclusion ratio, expected return is found by multiplying one year's annuity payments by a multiple from the appropriate IRS annuity table.
The SOA published an updated payout annuity table in 2012 called the 2012 Individual Annuity Mortality Table, or IAM Table for short.
The value of the refund or period-certain guarantee (as determined by use of a prescribed annuity table, Table III or Table VII, or a formula, depending on when the investment in the contract was made, see Appendix A) must be subtracted from the investment in the contract.
The plan provided a sex-based annuity table for retirees, so that for a given account balance, a female participant received a smaller monthly retirement payment.
This annuity table was compiled using the following formula that can be used in cases not included in the table:
Specifically, DU changed its health mortality table from the 1971 to the 1983 Group Annuity Table. The disabled mortality table changed from the 1956 Railroad Board Disabled Mortality table to the 1977 Railroad Board Disabled Mortality 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Intuitively, by using an outdated annuity table, CCRA is inadvertently enhancing the after-tax payoff of the annuity.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. The multiplier is located on the row representing the number of years the cash flows will last.
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.
[TABULAR DATA FOR TABLE 3 OMITTED] 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 0.9618 0.9588 0.9030 High 1.0488 0.9911 0.9421 Low 0.8808 0.8965 0.8415 Female Average 0.9612 0.9535 0.8948 High 1.0589 0.9988 0.9364 Low 0.8804 0.8911 0.8948 Population Table Male Average 0.9118 0.9126 0.8668 High 0.9905 0.9540 0.9067 Low 0.8320 0.8406 0.7951 Female Average 0.9298 0.9245 0.8727 High 1.0205 0.9669 0.9139 Low 0.8474 0.8620 0.8114 Source: CANNEX Financial Exchange (Median Quotes), 10-Year Guarantee RRSP Funds.
This amount is determined as follows using the present value factor from a standard annuity table for 12% and 24 quarters, and the quarterly cash flow stream of $2,952.37.