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.
We have all heard the phrase âtime is moneyâ. This applies to the idea of a younger cliental investing in an annuity. Although annuities have guaranteed return of premium, they also hold you back from potential gains. Over an elongated time span, this could prove to lose an annuitant hundreds of thousands of dollars. If you invest $5,000 over a 40 year span, say you purchased an annuity that turned out to give you an 8% rate of return on your money annually. Your investment would now be $109,000.