This weekend I visited my family back in Cincinnati and got to meet my Dadâs new iPad for the first time. I donât have enough money for this fancy technology so Iâve never really used an iPad before.
Deferred Annuities. A deferred annuity grows tax deferred until the contract is annuitized (put into a payment stream) or surrendered (paid out as a lump sum). This type of annuity is a vehicle for accumulating savings for a future goal, such as retirement, and eventually distributing the value.
Annuitant: The Owner. The consideration for the Contract is: (a) the application, and (b) the payment of the basic. annuity premium as provided heThe application is attached to and made part of the rein. Contract. We will provide annuity benefits on the Annuity Date according to the terms of the Contract if the.