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

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

James  Garner Jr. real estate agent
James Garner Jr., Real Estate Agent The Garner Realty Firm

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.


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