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fixed annuity
(redirected from Fixed Income Annuity)

    Also found in: Financial 0.01 sec.
fixed annuity
n.
An annuity in which payments to the annuitant are unchanging over a specified period or over the annuitant's lifetime.
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Insurance providers may look to appeal to clients who want the stability of a fixed income annuity but the growth potential of a variable option by creating innovative solutions that include both fixed and variable lifetime income options.
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net (Staff Writer) Select Retirement employs a fixed income annuity issued by Nationwide Life Insurance Company (Nationwide) to provide a distinct way to create guaranteed lifetime income from the Select UMA account.
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When it comes to pension annuities, are many more choices than a standard, fixed income annuity.
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