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The term 'credit' includes every claim and demand for money, or other valuable thing, and every annuity or sums of money receivable at stated periods; but pensions from the United States and salaries, or payments expected, for services to be rendered are not included in the above term.
After many years of litigation, DC Comics agreed in 1978 to provide Mr. Siegel and Mr. Shuster with a $20,000 annuity each; the sum was later raised to $30,000.
The Pensions business segment concerns products designed for policyholders to receive an annuity or lump sum on retirement.
These programs are notoriously poor bargains for consumers and are not the same as choosing a lump sum annuity.
A lump sum annuity payment may help you save a significant amount in mortgage interest if you will be using it for a major purchase like a house.
They find that the more concentrated the payments (shifting from annuity into lump-sum), the more postponed the retirement decisions.
--In addithen to the monthly annuity, a lump-sum cash advance is also possible.
AXA would pay the annuity holder a lump sum to give up the rider.
They must decide whether they want the money in a lump sum, an annuity or another form.
Under the reorganization plan, the foundation must provide each annuity holder a lump sum based on various factors.
The price of an annuity paying a given sum for life is based upon the life expectancy of the annuitant at the time the annuity is to begin.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com