LeoGlossary: Life Income with Period Certain Annuity

in LeoFinance2 months ago

How to get a Hive Account


A type of annuity that guarantees income for a certain number of years. This allows you to specify when the benefit will start and how long it will last to meet your retirement and estate planning needs, as well as your lifespan expectations. Common time frames for a period certain annuity are 10, 15, or 20 years.

General:

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