contingent annuity
finance
Learn about this topic in these articles:
class of annuity
- In annuity
Contingent annuities. With a contingent annuity, each payment is contingent on the continuance of a given status. In a life annuity, for example, in exchange for an up-front payment or series of payments (the “accumulation” period), once payments to the annuity holder begin (the “annuitization”…
Read More