fixed period annuity
A fixed period annuity refers to an annuity policy that makes income payments for a limited period of time (e.g., 5 years).
fixed period annuity
A fixed period annuity refers to an annuity policy that makes income payments for a limited period of time (e.g., 5 years).
Additional Information
Payments cease after the stipulated period or upon the annuitant's death.
