As with Oracle SQL programs, we can invoke a PL/SQL program either by typing it in sqlplus or by putting the code in a file and invoking the file in the various ways we learned in Getting Started With Oracle.
MYGA â aka âFixed Rate Annuityâ Fixed Rate Annuities function a lot like CDs, and are referred to in the industry as âMulti Year Rate Guaranteedâ annuities (MYGAs). In essence, MYGAs are CDsâ¦.but with tax deferral, and are typically purchased with a single premium amount of money.
Retirement income generator (RIG) #3: Immediate annuities. With an immediate annuity, you give your retirement savings to an insurance company, and it promises to pay you a monthly retirement income for the rest of your life (no matter how long you live). You can continue the income flow for your spouse or partner after you die by using a joint and survivor annuity.