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Annuity Definitions

Annuity Definitions - The Glossary of Terms 

Annuity Definitions

The Alliance for Lifetime Income is a nonprofit organization committed to helping Americans understand the value of guaranteed lifetime income through annuities. 


Annuities are financial products that provide regular payments for a specific period of time or for the rest of your life. 


Common annuity terms include: 


  • Premium - the amount of money you pay to purchase the annuity; 

  • Benefit Period - the length of time you will receive payments; and 

  • Commencement Date - the date payments begin.


Understanding how annuities work and the types of available annuity products can help secure a steady stream of income throughout the retirement years.


The Alliance for Lifetime Income provides a annuity glossary of terms is a great resource to help you understand the different types of annuities, their features, and the benefits they can offer. 


This guide along with our expertise and knowledge, you can rest assured that we will help you choose the best annuity option to fit your needs.


To get a better understandin of how different types of annuities work, contact us today to receive your copy of this glossary of terms, you'll be glad you did. 

Guide Download 

Annuity Definitions

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McIntosh Insurance & Financial Services

Hubert

McIntosh

 McIntosh Insurance & Financial Services
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General Agent, Owner & President

1555 Palm Beach Lakes Blvd Suite 400, West Palm Beach, FL 33401

561-934-8845

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FL - W175094

Licensed States

AZ, FL, GA, NC, NV

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Not affiliated with CMS, Medicare or any other federal and state agency. Content on this site is not intended to provide legal, accounting or tax advice.

Consult your legal, tax accountant, financial and insurance professional for more advice.

 

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