yes
Explain! Yes is not an answer...
I think you can sell it to someone else for current value and tranfer it to them.
when is my retirement check posted to my checking account
A retirement annuity provides a regular income stream during retirement, typically purchased from an insurance company. As a pensioned insurance owner, it means you receive fixed payments for life or a specified period, depending on the terms of the annuity contract. It helps supplement your pension and ensures financial stability in retirement.
Retirement annuity is hard to understand and I would recommend going to your financial institution and contacting a financial planner. They offer free help with this.
There is a website called Free Annuity Rates that can help guide one to the best rate and best retirement annuity for one's own situation. Other websites offer similar service.
A defined benefit plan is one that your employer pays for over the period of time you are employed with them. An annuity plan is a program that you invest in for your retirement. Both are payable at the time of your retirement. Defined plan is a fixed amount. Annuity depends on the terms of your contract.
A retirement annuity is a financial product designed to provide a steady income during retirement. It is typically purchased with a lump sum or through regular contributions during a person's working years. The annuity pays out regular payments to the investor once they reach retirement age.
metropolitan
Monthly annuity for life.
form_title=Set Up An Annunity form_header=An annuity can serve as an additional source of income during retirement. What age are you now?=_ How much can you invest now?=_ What other types of retirement income do you have?=_