Annuitization & Settlement: What Happens With An Annuity Contract? скачать в хорошем качестве

Annuitization & Settlement: What Happens With An Annuity Contract?

The transition between an annuity's "pay-in" (or accumulation / funding) phase and its payout (or "decumulation") phase is marked by an event referred to as "annuitization" or "settlement." What do these terms mean? Are they different? How do they relate to one another? And what actually occurs when an annuity is annuitized or settled? In this video, I'll sketch basic answers to these questions and provide a hypothetical example, to illustrate the concepts. Disclaimer: This presentation is intended for general informational or entertainment purposes only. Nothing herein should be construed as providing financial, legal, insurance, investment, retirement, savings, tax, or any other sort of advice. If you need personalized evaluations or recommendations, consult licensed professionals in your area. For further reading, please visit: http://www.insuranceprescription.com/