Tag Archives: life annuity

Life annuity retirement income

Risk of Living too Long negated through life annuity Ensuring retirement income stream over remainder of one’s life is the key purpose of the superannuation system.  The benefits of taking out a life annuity are explained but, for the reasons … Continue reading

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What is a life annuity contract?

The key feature of a life annuity contract is that it is payable for a person’s lifetime.  The basic requirements of a life annuity contract are set out in the description and purpose of an annuity that is payable for the … Continue reading

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