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.
Most life annuities provide a reliable stream of income that you can't outlive, and some can help you reduce or transfer the risk of investing in the market for part of your portfolio to an insurer. Annuities are also a way to systematically turn savings into income.