Advertising

Qualified joint and survivor annuity

• "A form of annuity which provides for pension benefits from a qualified plan to continue to the spouse after a retired participant s death. The spouse s benefits are payable for life unless the participant (with consent of the spouse) has elected to forego it, and must be between 50 and 100 percent of the original benefits.

 
 

Follow this link for all the terms related to annuity.

 
 Embedded terms in definition
 Annuity
Qualified plan
 
 Related Terms
 

<< Quadratic programming Qualified plan >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

Don't worry about the world coming to an end today. It's already tomorrow in Australia. - Charles Schultz

Advertising



Copyright 2009-2018 GVC. All rights reserved.