An annuity that funds a retirement plan for a group. The annuity contract is written on a group basis. The group itself is usually made up of employees of the same employer.
Related information about group annuity:
- Group annuity
A group annuity contract is issued by a life insurance company to a tax-qualified retirement plan. In group annuities, employees do not own shares of specific ...
- Section 4 GROUP ANNUITY PLANS - The History of Annuities in the ...
The group annuity market, which is linked to corporate defined benefit pension plans, was pioneered by the Metropolitan Life Insurance Company in the early ...
- What Is A Group Annuity 401k? | LIVESTRONG.COM
Oct 15, 2009 ... What Is A Group Annuity 401k?. A group annuity 401k is a contract providing a monthly income benefit to members of a group of employees.
- Group Annuity Vs. Registered 401k | Chron.com
A group annuity and a registered 401k plan are types of employer-sponsored retirement savings plans. The Internal Revenue Service (IRS) recognizes both ...
- Group annuity - Merriam-Webster Online
a pension plan providing annuities at retirement for all eligible persons under a single master contract usu. issued to an employer for the benefit of employees ...
- Group Annuity Contracts
Sep 19, 2012 ... If you have relationships with decision makers at organizations, American General's Group Annuity Division offers unique institutionally-priced ...
- What is group annuity? definition and meaning
Definition of group annuity: Pension or retirement plan in which one periodic premium payment is made for an entire group.
- Group Annuity Retirement Plans - AXA Equitable
From a 403(b) plan to a 457 plan, AXA Equitable offers retirement plans for employers that can help enhance employees' retirement savings.