joint–and–survivor annuity

joint–and–survivor annuity
joint–and–survivor annuity see annuity

Merriam-Webster’s Dictionary of Law. . 1996.

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  • Joint And Survivor Annuity — An insurance product that continues regular payments as long as one of the annuitants is alive. A joint and survivor annuity must have two or more annuitants, and is often purchased by married couples who want to guarantee that a surviving spouse …   Investment dictionary

  • joint and survivor annuity — noun : joint life and survivor annuity …   Useful english dictionary

  • qualified joint and survivor annuity — (QJSA) USA The form of payment applicable to benefits under a defined benefit plan or a money purchase plan that are paid to a married participant. A qualified joint and survivor annuity includes a series of monthly annuity …   Law dictionary

  • joint and survivorship annuity — n: joint and survivor annuity at annuity Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • joint and survivor annuity — A type of annuity opened by and intended for two people, that makes payments for the entire lifetime of both beneficiaries , even if one of them dies. Bloomberg Financial Dictionary …   Financial and business terms

  • Qualified Joint And Survivor Annuity - QJSA — An annuity payment from a qualified plan or 403(b) account that provides a life annuity to the participant and a survivor annuity for the spouse after the participant’s death. QJSA rules apply to money purchase pension plans, defined… …   Investment dictionary

  • joint–and–last–survivor annuity — n: joint and survivor annuity at annuity Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • joint life and survivorship annuity — n: joint and survivor annuity at annuity Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • joint life and survivor annuity — noun : an annuity payable as long as any of two or more designated persons shall live …   Useful english dictionary

  • annuity — an·nu·ity /ə nü ə tē, nyü / n pl ities [Medieval Latin annuitas, from Latin annuus yearly] 1: an amount payable at regular intervals (as yearly or quarterly) for a certain or uncertain period 2: the grant of or the right to receive an annuity his …   Law dictionary

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