Joint And One-half Annuity/joint And Two-thirds Annuity


Definition of "Joint and one-half annuity/joint and two-thirds annuity"

Lisa Killion real estate agent
Lisa Killion, Real Estate Agent Coldwell Banker Residential Brokerage - Aiken Downtown

Annuity modified joint life and survivorship annuity under which the income payments are reduced to one-half or two-thirds of the initial income amounts upon the death of the first annuitant.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions