An Introduction to Annuities
An annuity contract is purchased from a life insurance company. The individual gives the insurance company a lump-sum payment or a series of payments. In return, the company will provide a stream of payments to the individual. Although an annuity is purchased from a life insurance company, it serve...
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| Format: | Article |
| Language: | English |
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The University of Florida George A. Smathers Libraries
2014-07-01
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| Series: | EDIS |
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| Online Access: | https://ojs.test.flvc.org/edis/article/view/131629 |
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| _version_ | 1825204901143117824 |
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| author | Michael S. Gutter Lisa Leslie |
| author_facet | Michael S. Gutter Lisa Leslie |
| author_sort | Michael S. Gutter |
| collection | DOAJ |
| description |
An annuity contract is purchased from a life insurance company. The individual gives the insurance company a lump-sum payment or a series of payments. In return, the company will provide a stream of payments to the individual. Although an annuity is purchased from a life insurance company, it serves a different purpose than life insurance. Below is a chart comparing life insurance to annuities.
This 4-page fact sheet was written by Michael S. Gutter and Lisa Leslie, and published by the UF Department of Family, Youth and Community Sciences, March 2014.
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| format | Article |
| id | doaj-art-eaa44c4d26984a51b79e74edae01e484 |
| institution | Kabale University |
| issn | 2576-0009 |
| language | English |
| publishDate | 2014-07-01 |
| publisher | The University of Florida George A. Smathers Libraries |
| record_format | Article |
| series | EDIS |
| spelling | doaj-art-eaa44c4d26984a51b79e74edae01e4842025-02-07T14:05:50ZengThe University of Florida George A. Smathers LibrariesEDIS2576-00092014-07-0120145An Introduction to AnnuitiesMichael S. Gutter0Lisa Leslie1University of FloridaUniversity of Florida An annuity contract is purchased from a life insurance company. The individual gives the insurance company a lump-sum payment or a series of payments. In return, the company will provide a stream of payments to the individual. Although an annuity is purchased from a life insurance company, it serves a different purpose than life insurance. Below is a chart comparing life insurance to annuities. This 4-page fact sheet was written by Michael S. Gutter and Lisa Leslie, and published by the UF Department of Family, Youth and Community Sciences, March 2014. https://ojs.test.flvc.org/edis/article/view/131629FY1406 |
| spellingShingle | Michael S. Gutter Lisa Leslie An Introduction to Annuities EDIS FY1406 |
| title | An Introduction to Annuities |
| title_full | An Introduction to Annuities |
| title_fullStr | An Introduction to Annuities |
| title_full_unstemmed | An Introduction to Annuities |
| title_short | An Introduction to Annuities |
| title_sort | introduction to annuities |
| topic | FY1406 |
| url | https://ojs.test.flvc.org/edis/article/view/131629 |
| work_keys_str_mv | AT michaelsgutter anintroductiontoannuities AT lisaleslie anintroductiontoannuities AT michaelsgutter introductiontoannuities AT lisaleslie introductiontoannuities |