What Is an Annuity Contract?

Annuity contract US English: annuity contract; British English: annuity policy. A formal legal document signed between an insurance company and an investor in an annuity retirement plan. Annuity plans that meet retirement and retirement requirements in North America are eligible for government tax incentives, known as tax-protected or tax-deferred annuities.

Annuity contract

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Annuity contract US English: annuity contract; British English: annuity policy. A formal legal document signed between an insurance company and an investor in an annuity retirement plan. Annuity plans that meet retirement and retirement requirements in North America are eligible for government tax incentives, known as tax-protected or tax-deferred annuities.

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