Sentence examples for annuity on from inspiring English sources

The accumulated money will be used to buy an annuity on retirement at 65.

(2) The participant satisfies the conditions for eligibility for that immediate annuity on or before the plan's termination date.

But now, New York Life will roll out its own version, which it's calling a "guaranteed future income annuity," on July 11.

The trust essentially pays him a 5 percent annuity on the amount, and when he and his wife die the money will go to the family foundation.

If you have a defined-contribution plan like a 401 k), you'll have to take a lump sum from your plan and buy the annuity on your own.

Australia introduced compulsory workplace saving (called 'superannuation') long before Britain introduced auto-enrolment, but it does not require people to buy an annuity on retirement.

In 1758 his father called Gibbon home shortly before his 21st birthday and settled an annuity of £300 on him.

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● ●Calculating federal annuities on the five highest years of salary instead of the highest three.

However, older men will suffer a fall of about 8% in income from their annuities on retirement.

Legal & General brought in gender neutral pricing for its annuities on 20 December, and said it had reduced male annuity rates by an average of 3% and boosted female rates to the tune of around 3.2%.