immediate annuity meaning in Hindi

Examples

1. A common use for an immediate annuity might be to provide a pension income.
2. That's because the single-premium fixed immediate annuity ( explained below ) is our magic bullet.
3. With immediate annuities, a owner pays a lump sum and the insurance company begins making payments soon after.
4. Immediate annuities start paying an income immediately ( actually 30 days ) after the total premium is paid.
5. Immediate annuities protect against this risk.
6. You can cash in on your annuity by taking a lump sum at the end, except for immediate annuities.
7. Prior to 2016, the company offered several annuities : fixed immediate annuities, traditional fixed deferred annuities, and fixed index annuities.
8. The overarching characteristic of the immediate annuity is that it is a vehicle for distributing savings with a tax-deferred growth factor.
9. You can have an immediate annuity, where you receive monthly payments right after purchase, or a deferred annuity where payouts come later.
10. Here we call a pure annuity ( no accumulation phase ) an immediate annuity because it starts the stream of income immediately.