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.
Lifetime Annuity: A lifetime annuity is a financial product you can purchase with a lump sum of money for which you will receive income for the rest of your lifetime. A lifetime annuity guarantees payment of a predetermined amount of money for the rest of your life.