annuity in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Annuity: a financial product that pays out a fixed stream of payments to an individual, typically used as a source of income during retirement.
Crossword clues for annuity
Crossword clue ideas and answer hints for the word "annuity".
- Regular payments received over time.
- Financial product for steady income.
- Investment that provides periodic payouts.
- Retirement fund with fixed disbursements.
- Series of payments made annually.
Annuity sentence examples
- An annuity can provide a steady stream of income during retirement.
- Investing in an annuity may offer tax advantages that other savings options do not.
- Many people prefer an annuity because it guarantees payments for a set period.
- The financial advisor recommended a fixed annuity for its stability and predictability.
- She decided to purchase an annuity to ensure her financial security in her later years.
- Understanding the terms of your annuity contract is crucial before making a commitment.
- Annuities can be a useful tool for those looking to fund long-term care expenses.
- The couple was pleased to learn that their annuity had a death benefit for their heirs.
- An annuity can be an effective way to manage liquidity while still achieving investment goals.
- They opted for a variable annuity, hoping to benefit from potential market gains over time.