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Also known as a Period Certain Annuity. Fixed Period Annuity is a term used to describe a specific payout option for an Immediate Annuity contract. When an annuity distribution period begins or the annuitization begins, the annuitant can choose distributions over a fixed period of time.
Same-Day Settlement (SDS) Options. ï· SDS Inclusion with Settlement and Adjustments (Basic) â The opening and processing of SDS fine. sort deposits that are drawn on an institution that subscribes to FedReceipt Plus and has elected the. Reserve Bank to be a presentment point (priced separately).