In 1960, the school officially acquired the name it has long been called and one more in keeping with its location, size, and mission â Auburn University. The institution has experienced its greatest growth since World War II, and now has more than 250,000 graduates. Auburn University at Montgomery was established as a separately accredited campus in 1967. The institution has developed rapidly, especially since moving to a 500-acre campus east of Montgomery in 1971.
A worker can receive Social Security benefits and annuity payments during retirement. In some cases, an annuity can affect the amount of benefits a retiree receives. worker can receive Social Security benefits and annuity payments during retirement. In some cases, an annuity can affect the amount of benefits a retiree receives.
Death Benefit Provision. Another important feature of some annuities is the death benefit provision. The annuity issuer guarantees at a minimum that upon your death your total premiums invested are paid to your beneficiaries. Many annuities âstep-upâ on the anniversary of the date the annuity was purchased, to the highest value at any preceding anniversary; or guarantee a minimum 5% to 7% interest compounded annually, whichever is greater.