Annuitant Pay Definition 2021 ::

Andere Bedeutungen von APS Wie oben erwähnt, hat das APS andere Bedeutungen. Bitte beachten Sie, dass im Folgenden fünf andere Bedeutungen aufgeführt sind.Sie können links auf Links klicken, um detaillierte Informationen zu jeder Definition anzuzeigen, einschließlich Definitionen in Englisch und Ihrer Landessprache. RAPS = Rentner Annuitant Entgeltsystem Suchen Sie nach einer allgemeinen Definition von RAPS? RAPS bedeutet Rentner Annuitant Entgeltsystem. Wir sind stolz darauf, das Akronym RAPS in der größten Datenbank mit Abkürzungen und Akronymen aufzulisten.

Definition An annuitant is an individual who receives regular periodic payments during a specified period of time of an annuity contract. On the other hand, a beneficiary is a person who receives the annuity benefits in case of the annuitant’s death. Definition of annuitant: One or more individuals who receive periodic payments from an annuity contract as it's beneficiaries. Essentially, having a contingent annuitant means that the annuity will continue to pay until two people pass away as opposed to just one. APS - Annuitant Pay Subsystem. Looking for abbreviations of APS? It is Annuitant Pay Subsystem. Annuitant Pay Subsystem listed as APS Looking for abbreviations of APS? It is Annuitant Pay Subsystem. Did you find this definition of ANNUITANT helpful? You can share it by copying the code below and adding it to your blog or web page.

An annuity is a financial product that pays out a fixed stream of payments to an individual, primarily used as an income stream for retirees. Definition of annuitant in theDictionary. Meaning of annuitant. What does annuitant mean? Proper usage and audio pronunciation of the word annuitant. Information about annuitant in thedictionary, synonyms and antonyms. performed as a reemployed annuitant and the 17 years of qualifying law enforcement service he performed before his original retirement. Service performed by a reemployed annuitant that is covered under the special provisions for law enforcement officers, firefighters, nuclear materials couriers, or customs and border. federal annuitant meaning: a past or present employee of the US government who receives a pension from them:. Learn more. Annuities pay a prespecified payment stream to their beneficiaries, the annuitants, for as long as they are alive, thereby providing a way of spreading an accumulated stock of resources over a lifetime of uncertain length and thus insuring against the risk of outliving one's resources.

Annuity definition, a specified income payable at stated intervals for a fixed or a contingent period, often for the recipient's life, in consideration of a stipulated premium paid either in prior installment payments or in a single payment. See more. Definition of Annuitant: someone who is in receipt of an annuity. To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in. Under the terms of an annuity, the company makes its payments during the lifetime of the annuitant. And unless the annuity contract specifies a beneficiary, annuity payments stop upon the death of the annuitant. The owner and the annuitant are usually the same person, and in some cases the annuity company requires them to be the same person.

Because of the radical differences in potential payouts at the death of the owner or annuitant, it is critical to understand whether a contract is owner-driven or annuitant-driven when structuring the setup of owners, annuitants, and beneficiaries. An annuitant is the person to whom the payments of an annuity are made. In the context of insurance, annuities are commonly offered by life insurance companies. In such cases, the policyholder pays into the annuity and is usually the annuitant once the annuity matures and it. Find out all about Annuitant 📙: meaning, pronunciation, synonyms, antonyms, origin, difficulty, usage index and more. Only at Word Panda dictionary.

Definition Many annuity contracts define the annuitant as the individual who is designated to receive income benefits under the contract. However, under some contracts, as well as in the tax law, the annuitant is defined as the individual upon whose life income benefits will be based – the benefits themselves may actually be paid to a. Definition. An annuity is a contract between the insurance company, the owner and the annuitant. The owner pays the premiums to the insurance company and is responsible for any tax liabilities resulting from the payment of benefits. The benefits are paid based on the annuitant's life. If the annuitant is alive and lifetime income is elected. Annuities sound like a simple investment at first: You place your money with an insurance company, and in turn they eventually pay out a retirement income. But, in practice, many variables affect how money is paid into and out of the annuity contract. Some of those options revolve around whether the owner of the contract is also the annuitant. However, some pay is not subject to this reduction for annuity. Pay is not reduced for annuity for a period during which you have elected to receive injury compensation benefits in lieu of annuity or when you receive a lump-sum payment of annual leave on separation. Unless your reemployment is on an intermittent basis, retirement deductions.

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