Sentence examples for annuity balance from inspiring English sources

Substitute this future value as your annuity balance and recalculate the payment using the formula "Annuity Value = Payment Amount x PVOA factor".

"Meanwhile, I feel pretty bad about the seemingly small amount of annuity income that large balance would purchase and about the prospect of handing it over to an entity that will keep it all if I'm hit by the proverbial bus after walking out of their office".

Learn the other details of the annuity, including the principle balance and interest rate.

And cash continues to pour in as risk-averse customers flock to insurers with the strongest balance sheets — its annuity sales in the first quarter were $7.4 billion, more than double the amount in the same period last year.

Unlike with an immediate annuity, if there's a balance when you die, it goes to your heirs.

An annuity is just one tool, like balancing your money among a number of different investments, but the key to "get rich slowly" is to develop good savings and spending habits.

"Then you can put any balance into an investment-linked annuity or a drawdown plan.

The most popular payout option pays the full amount of the annuity over a specified period, with any balance remaining after your death being paid to your beneficiary.

An annuity is just one tool, just like balancing your money among a number of different investments, but the key to wealth is to develop good savings and spending habits.

At retirement, the account balance will be turned into an annuity.

Also, she could have chosen an annuity that paid slightly less but refunds the balance of the investment to a beneficiary if the annuity's owner dies within a specified time period -- say, 10 or 20 years.