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.
Single Life Annuity. A single life annuity is simply an annuity, either deferred or immediate, that is owned by one single individual. It is not owned jointly between a husband and wife. With most single annuities, the payments end upon the death of the annuitant.asics. A single life annuity can be a deferred annuity purchased as part of a retirement plan or it can be an immediate annuity for which payouts will begin within the next 12 months. Deferred single life annuities are subject to the same distribution restrictions that other retirement investments are.