Joint And Survivor Annuity



An annuity with two annuitants, usually spouses. Payments continue until the death of the longest living of the two.



"Joint And Survivor Annuity" In Context

"because they are generally required to be distributed in the form of a qualified joint and survivor annuity (QJSA), unless the participant and the spouse consent in writing to receive distributions in another form. Exceptions apply to assets ..."

This Insurance Word is available for Sponsorship Sponsor this Definition Today.


Insurance Resources

Auto Insurance Quotes