annuitant

an·nu·i·tant

A0318300 (ə-no͞o′ĭ-tənt, ə-nyo͞o′-)n.1. One that receives or is qualified to receive an annuity.2. An officially retired US intelligence officer who is actually still on the government's payroll and is available for assignments.

annuitant

(əˈnjuːɪtənt) n (Banking & Finance) a person in receipt of or entitled to an annuity

an•nu•i•tant

(əˈnu ɪ tnt, əˈnyu-)

n. a person who receives an annuity. [1710–20]

Thesaurus

Noun

annuitant - the recipient of an annuity recipient, receiver - a person who receives something

Translations

Annuitant

An individual who receives benefits from an annuity.

Annuitant

The beneficiary of an annuity. Depending on the type of annuity, the annuitant may be the person who paid into the annuity, or may be a relative or other designee of that person, such as a widow or widower.

annuitant

The recipient of an annuity.

Annuitant.

An annuitant is a person who receives income from an annuity. If you receive a distribution from an annuity that you or your employer buys with your 401(k) assets, you're the annuitant.

Similarly, you're the annuitant if you take distributions from a tax-deferred individual retirement annuity or from an individual annuity you buy with after-tax income.

If your beneficiary receives annuity income after your death, he or she becomes the annuitant. It's also possible to buy an annuity naming someone other than the buyer -- a disabled child, for example -- as annuitant.

Annuitant

A person who receives a pension or an annuity.

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Words related to annuitant

noun the recipient of an annuity

Related Words