Fixed-Income Annuities - definition of Fixed-Income Annuities by The Free Dictionary
fixed annuity (redirected from Fixed-Income Annuities)
Also found in: Financial
An annuity in which payments to the annuitant are unchanging over a specified period or over the annuitant's lifetime.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
References in periodicals archive
* Immediate fixed-income annuities
, which start pay-ments upon a participant's retirement;
* Subject to investment risk or interest-rate changes in period leading up to retirement (except for deferred fixed-income annuities
and GMWB annuities); and
Adding inflation protection riders to fixed-income annuities
is one solution that can help.