The State of California requires that you be told the following: Federal student loans are available to most students regardless of income and provide a range of repayment options including income-based repayment plans and loan forgiveness benefits, which other education loans are not required to provide.
â¢ ANNUITY (noun). The noun ANNUITY has 1 sense: 1. income from capital investment paid in a series of regular payments. Familiarity information: ANNUITY used as a noun is very rare.
Annuities may be created under a trust or they may be purchased from a life insurance company (in which case no trust is needed). ANNUITY, contracts. An annuity is a, yearly sum of money granted by one party to another in fee for life or years, charging the person of the grantor only.