annuitant

1. One that receives or is qualified to receive an annuity.
2. An officially retired U.S. intelligence officer who is actually still on the government's payroll and is available for assignments.

1. A person who receives the benefits of an annuity or pension.

2. The person upon whom a life-insurance contract is based.

Investopedia Says:
1. In other words, the annuitant is the beneficiary of an annuity or pension.

2. An annuitant can be the contract holder or someone else to whom the title was designated. Proceeds of the contract are given to the beneficiary upon the annuitant's death in order to protect the beneficiary from a loss of income.

Related Links:
Discover some of the situations that can arise when an owner or annuitant dies. Complicated Deferred Annuity Designations
Understand what you're getting when buying these. Here we look at differences, advantages and disadvantages. Exploring Types Of Fixed Annuities
Variable annuities are another way to save money tax-deferred - but don't jump in blindly! Getting the Whole Story on Variable Annuities
These may look like good retirement vehicles, but beware of fees buried in the fine print. Passing the Buck: The Hidden Costs of Annuities
Learn to calculate the present and future value of fixed payments required from you or owed to you. Anything But Ordinary: Calculating The Present And Future Value Of Annuities

Individual receiving benefits from an annuity. The annuity owner can choose to annuitize the policy, meaning that he or she begins to receive regular payments from the annuity.

One who receives the benefits of an annuity.