annuitants
Regular income receivers
Annuitants are people who receive regular payments from an annuity—a financial product that converts a lump sum into a stream of income, typically for retirement.
The term appears mainly in insurance and pension contexts: Annuitants may choose monthly or quarterly disbursements.
An annuitant has either purchased the annuity or been designated as its beneficiary.
Money given for obligations
- fixed-incomeAssets yielding constant returns
- regularOccurring at fixed intervals
- streamSteady continuous flow
- lifetimeDuration of existence
guaranteed · disbursement · periodic · cashflow · proceeds · principal · payout · interest
One who left work
- seniorHigher in rank
- elderlyAdvanced in age
- nonworkingNot in use
- leisureFree time for relaxation
Medicare · 401k · IRA · superannuation · downsizing · fixed-income · decumulation · post-career
payments
Money given for obligations
- fixed-incomeAssets yielding constant returns
- regularOccurring at fixed intervals
- streamSteady continuous flow
lifetime · guaranteed · disbursement · periodic · cashflow · proceeds · principal · payout · interest · returns
retiree
One who left work
- seniorHigher in rank
- elderlyAdvanced in age
- nonworkingNot in use
leisure · Medicare · 401k · IRA · superannuation · downsizing · fixed-income · decumulation · post-career
heir
One who receives legacy
will · executor · trustee · probate · inheritance
actuary
Financial risk analyst
annuitantsinsurers
Risk-pooling companies
payers · underwriters · pension funds · contributors · guarantors